Riyadh Cables Group Balance Sheet Health
Financial Health criteria checks 4/6
Riyadh Cables Group has a total shareholder equity of SAR2.6B and total debt of SAR2.4B, which brings its debt-to-equity ratio to 90.8%. Its total assets and total liabilities are SAR6.2B and SAR3.6B respectively. Riyadh Cables Group's EBIT is SAR883.6M making its interest coverage ratio 10.7. It has cash and short-term investments of SAR333.0M.
Key information
90.8%
Debt to equity ratio
ر.س2.40b
Debt
| Interest coverage ratio | 10.7x |
| Cash | ر.س332.96m |
| Equity | ر.س2.64b |
| Total liabilities | ر.س3.57b |
| Total assets | ر.س6.21b |
Recent financial health updates
No updates
Recent updates
Here's Why We Think Riyadh Cables Group (TADAWUL:4142) Might Deserve Your Attention Today
Nov 05
Under The Bonnet, Riyadh Cables Group's (TADAWUL:4142) Returns Look Impressive
Oct 14Do Riyadh Cables Group's (TADAWUL:4142) Earnings Warrant Your Attention?
Jul 22We Think Riyadh Cables Group (TADAWUL:4142) Might Have The DNA Of A Multi-Bagger
Jun 25We Think Riyadh Cables Group's (TADAWUL:4142) Robust Earnings Are Conservative
Mar 22Here's Why Riyadh Cables Group (TADAWUL:4142) Has Caught The Eye Of Investors
Mar 10Riyadh Cables Group (TADAWUL:4142) Could Become A Multi-Bagger
Jan 16Analysts Just Made A Substantial Upgrade To Their Riyadh Cables Group Company (TADAWUL:4142) Forecasts
Aug 21Revenue Beat: Riyadh Cables Group Company Beat Analyst Estimates By 7.6%
Aug 19Some Confidence Is Lacking In Riyadh Cables Group Company's (TADAWUL:4142) P/E
Mar 21Financial Position Analysis
Short Term Liabilities: 4142's short term assets (SAR4.8B) exceed its short term liabilities (SAR3.4B).
Long Term Liabilities: 4142's short term assets (SAR4.8B) exceed its long term liabilities (SAR136.1M).
Debt to Equity History and Analysis
Debt Level: 4142's net debt to equity ratio (78.3%) is considered high.
Reducing Debt: 4142's debt to equity ratio has increased from 58.7% to 90.8% over the past 5 years.
Debt Coverage: 4142's debt is well covered by operating cash flow (31.3%).
Interest Coverage: 4142's interest payments on its debt are well covered by EBIT (10.7x coverage).