Al Obeikan Glass Balance Sheet Health
Financial Health criteria checks 5/6
Al Obeikan Glass has a total shareholder equity of SAR605.7M and total debt of SAR11.4M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are SAR689.8M and SAR84.1M respectively. Al Obeikan Glass's EBIT is SAR107.2M making its interest coverage ratio 24. It has cash and short-term investments of SAR56.1M.
Key information
1.9%
Debt to equity ratio
ر.س11.38m
Debt
| Interest coverage ratio | 24x |
| Cash | ر.س56.12m |
| Equity | ر.س605.71m |
| Total liabilities | ر.س84.14m |
| Total assets | ر.س689.85m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9531's short term assets (SAR308.7M) exceed its short term liabilities (SAR44.2M).
Long Term Liabilities: 9531's short term assets (SAR308.7M) exceed its long term liabilities (SAR39.9M).
Debt to Equity History and Analysis
Debt Level: 9531 has more cash than its total debt.
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 (1075.7%).
Interest Coverage: 9531's interest payments on its debt are well covered by EBIT (24x coverage).