United Mining Industries Balance Sheet Health
Financial Health criteria checks 4/6
United Mining Industries has a total shareholder equity of SAR183.3M and total debt of SAR100.0M, which brings its debt-to-equity ratio to 54.6%. Its total assets and total liabilities are SAR327.6M and SAR144.4M respectively. United Mining Industries's EBIT is SAR44.9M making its interest coverage ratio 28.9. It has cash and short-term investments of SAR9.7M.
Key information
54.6%
Debt to equity ratio
ر.س100.04m
Debt
| Interest coverage ratio | 28.9x |
| Cash | ر.س9.73m |
| Equity | ر.س183.25m |
| Total liabilities | ر.س144.37m |
| Total assets | ر.س327.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9583's short term assets (SAR130.5M) exceed its short term liabilities (SAR109.0M).
Long Term Liabilities: 9583's short term assets (SAR130.5M) exceed its long term liabilities (SAR35.3M).
Debt to Equity History and Analysis
Debt Level: 9583's net debt to equity ratio (49.3%) is considered high.
Reducing Debt: Insufficient data to determine if 9583's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9583's debt is well covered by operating cash flow (71.2%).
Interest Coverage: 9583's interest payments on its debt are well covered by EBIT (28.9x coverage).