Waja Balance Sheet Health
Financial Health criteria checks 4/6
Waja has a total shareholder equity of SAR102.7M and total debt of SAR24.5M, which brings its debt-to-equity ratio to 23.8%. Its total assets and total liabilities are SAR164.6M and SAR61.9M respectively. Waja's EBIT is SAR29.4M making its interest coverage ratio 18.2. It has cash and short-term investments of SAR12.4M.
Key information
23.8%
Debt to equity ratio
ر.س24.45m
Debt
| Interest coverage ratio | 18.2x |
| Cash | ر.س12.42m |
| Equity | ر.س102.69m |
| Total liabilities | ر.س61.93m |
| Total assets | ر.س164.62m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9560's short term assets (SAR155.8M) exceed its short term liabilities (SAR60.4M).
Long Term Liabilities: 9560's short term assets (SAR155.8M) exceed its long term liabilities (SAR1.5M).
Debt to Equity History and Analysis
Debt Level: 9560's net debt to equity ratio (11.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 9560's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9560's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9560's interest payments on its debt are well covered by EBIT (18.2x coverage).