United Mining Industries Balance Sheet Health
Financial Health criteria checks 4/6
United Mining Industries has a total shareholder equity of SAR184.6M and total debt of SAR107.5M, which brings its debt-to-equity ratio to 58.3%. Its total assets and total liabilities are SAR359.2M and SAR174.6M respectively. United Mining Industries's EBIT is SAR49.7M making its interest coverage ratio -3400.8. It has cash and short-term investments of SAR23.3M.
Key information
58.3%
Debt to equity ratio
ر.س107.53m
Debt
| Interest coverage ratio | -3400.8x |
| Cash | ر.س23.32m |
| Equity | ر.س184.57m |
| Total liabilities | ر.س174.60m |
| Total assets | ر.س359.17m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9583's short term assets (SAR152.2M) exceed its short term liabilities (SAR131.4M).
Long Term Liabilities: 9583's short term assets (SAR152.2M) exceed its long term liabilities (SAR43.2M).
Debt to Equity History and Analysis
Debt Level: 9583's net debt to equity ratio (45.6%) 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 (61.9%).
Interest Coverage: 9583 earns more interest than it pays, so coverage of interest payments is not a concern.