Saudi Arabian Amiantit Balance Sheet Health
Financial Health criteria checks 4/6
Saudi Arabian Amiantit has a total shareholder equity of SAR937.9M and total debt of SAR232.7M, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are SAR2.0B and SAR1.1B respectively.
Key information
24.81%
Debt to equity ratio
ر.س232.68m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.س45.97m |
| Equity | ر.س937.91m |
| Total liabilities | ر.س1.11b |
| Total assets | ر.س2.05b |
Recent financial health updates
No updates
Recent updates
Why Saudi Arabian Amiantit's (TADAWUL:2160) Earnings Are Weaker Than They Seem
Nov 04
The Saudi Arabian Amiantit Company's (TADAWUL:2160) Shares Leap 32% Yet They're Still Not Telling The Full Story
Sep 05Investors Shouldn't Be Too Comfortable With Saudi Arabian Amiantit's (TADAWUL:2160) Earnings
May 05Investors Holding Back On The Saudi Arabian Amiantit Company (TADAWUL:2160)
Apr 18The Saudi Arabian Amiantit Company (TADAWUL:2160) Stock Catapults 31% Though Its Price And Business Still Lag The Industry
Jan 01The Market Doesn't Like What It Sees From The Saudi Arabian Amiantit Company's (TADAWUL:2160) Revenues Yet
Jun 09How Much Did Saudi Arabian Amiantit's(TADAWUL:2160) Shareholders Earn From Share Price Movements Over The Last Five Years?
Dec 16
Financial Position Analysis
Short Term Liabilities: 2160's short term assets (SAR1.1B) exceed its short term liabilities (SAR701.9M).
Long Term Liabilities: 2160's short term assets (SAR1.1B) exceed its long term liabilities (SAR408.9M).
Debt to Equity History and Analysis
Debt Level: 2160's net debt to equity ratio (19.9%) is considered satisfactory.
Reducing Debt: 2160's debt to equity ratio has reduced from 516.8% to 24.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 2160 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 2160 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 48.8% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/01 21:36 |
| End of Day Share Price | 2025/06/01 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
The Saudi Arabian Amiantit Company is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mohammad Kamal | Arqaam Capital Research Offshore S.A.L. |
| Eyad Faraj | BofA Global Research |
| Eyad Faraj | Goldman Sachs |