Saudi Parts Center Balance Sheet Health
Financial Health criteria checks 4/6
Saudi Parts Center has a total shareholder equity of SAR43.8M and total debt of SAR4.3M, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are SAR91.5M and SAR47.7M respectively. Saudi Parts Center's EBIT is SAR8.8M making its interest coverage ratio 66.9. It has cash and short-term investments of SAR1.8M.
Key information
9.8%
Debt to equity ratio
ر.س4.28m
Debt
| Interest coverage ratio | 66.9x |
| Cash | ر.س1.75m |
| Equity | ر.س43.76m |
| Total liabilities | ر.س47.72m |
| Total assets | ر.س91.48m |
Recent financial health updates
No updates
Recent updates
Saudi Parts Center's (TADAWUL:9533) Returns Have Hit A Wall
Sep 15
Estimating 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 (SAR81.1M) exceed its short term liabilities (SAR38.9M).
Long Term Liabilities: 9533's short term assets (SAR81.1M) exceed its long term liabilities (SAR8.9M).
Debt to Equity History and Analysis
Debt Level: 9533's net debt to equity ratio (5.8%) 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 operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9533's interest payments on its debt are well covered by EBIT (66.9x coverage).