Saudi Parts Center Balance Sheet Health
Financial Health criteria checks 5/6
Saudi Parts Center has a total shareholder equity of SAR46.9M and total debt of SAR11.1M, which brings its debt-to-equity ratio to 23.7%. Its total assets and total liabilities are SAR105.2M and SAR58.4M respectively. Saudi Parts Center's EBIT is SAR6.0M making its interest coverage ratio 50.7. It has cash and short-term investments of SAR6.3M.
Key information
23.7%
Debt to equity ratio
ر.س11.11m
Debt
| Interest coverage ratio | 50.7x |
| Cash | ر.س6.26m |
| Equity | ر.س46.86m |
| Total liabilities | ر.س58.38m |
| Total assets | ر.س105.24m |
Recent financial health updates
No updates
Recent updates
Saudi Parts Center (TADAWUL:9533) Will Be Hoping To Turn Its Returns On Capital Around
Aug 07
Saudi Parts Center's (TADAWUL:9533) Returns Have Hit A Wall
Sep 15Estimating The Intrinsic Value Of Saudi Parts Center Company (TADAWUL:9533)
Dec 20Calculating The Fair Value Of Saudi Parts Center Company (TADAWUL:9533)
Sep 13Saudi Parts Center's (TADAWUL:9533) Conservative Accounting Might Explain Soft Earnings
Sep 13Financial Position Analysis
Short Term Liabilities: 9533's short term assets (SAR89.3M) exceed its short term liabilities (SAR48.1M).
Long Term Liabilities: 9533's short term assets (SAR89.3M) exceed its long term liabilities (SAR10.3M).
Debt to Equity History and Analysis
Debt Level: 9533's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 9533's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9533's debt is well covered by operating cash flow (50.2%).
Interest Coverage: 9533's interest payments on its debt are well covered by EBIT (50.7x coverage).