Saudi Arabian Amiantit Balance Sheet Health
Financial Health criteria checks 4/6
Saudi Arabian Amiantit has a total shareholder equity of SAR972.4M and total debt of SAR266.7M, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are SAR2.2B and SAR1.2B respectively.
Key information
27.4%
Debt to equity ratio
ر.س266.69m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.س112.89m |
| Equity | ر.س972.43m |
| Total liabilities | ر.س1.18b |
| Total assets | ر.س2.16b |
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 (SAR1.3B) exceed its short term liabilities (SAR948.0M).
Long Term Liabilities: 2160's short term assets (SAR1.3B) exceed its long term liabilities (SAR236.0M).
Debt to Equity History and Analysis
Debt Level: 2160's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: 2160's debt to equity ratio has reduced from 355.6% to 27.4% over the past 5 years.
Debt Coverage: 2160's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2160's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 20:13 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 here.
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 .
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 |