Al Obeikan Glass Balance Sheet Health
Financial Health criteria checks 5/6
Al Obeikan Glass has a total shareholder equity of SAR588.1M and total debt of SAR50.2M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are SAR744.9M and SAR156.8M respectively. Al Obeikan Glass's EBIT is SAR45.6M making its interest coverage ratio 38.4. It has cash and short-term investments of SAR23.5M.
Key information
8.5%
Debt to equity ratio
ر.س50.15m
Debt
| Interest coverage ratio | 38.4x |
| Cash | ر.س23.49m |
| Equity | ر.س588.12m |
| Total liabilities | ر.س156.81m |
| Total assets | ر.س744.93m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9531's short term assets (SAR305.4M) exceed its short term liabilities (SAR105.7M).
Long Term Liabilities: 9531's short term assets (SAR305.4M) exceed its long term liabilities (SAR51.1M).
Debt to Equity History and Analysis
Debt Level: 9531's net debt to equity ratio (4.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 9531's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9531's debt is well covered by operating cash flow (174.4%).
Interest Coverage: 9531's interest payments on its debt are well covered by EBIT (38.4x coverage).