Arabian United Float Glass Balance Sheet Health
Financial Health criteria checks 4/6
Arabian United Float Glass has a total shareholder equity of SAR380.2M and total debt of SAR137.2M, which brings its debt-to-equity ratio to 36.1%. Its total assets and total liabilities are SAR598.9M and SAR218.6M respectively. Arabian United Float Glass's EBIT is SAR60.7M making its interest coverage ratio 5. It has cash and short-term investments of SAR6.2M.
Key information
36.1%
Debt to equity ratio
ر.س137.19m
Debt
| Interest coverage ratio | 5x |
| Cash | ر.س6.24m |
| Equity | ر.س380.22m |
| Total liabilities | ر.س218.65m |
| Total assets | ر.س598.86m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 9611's short term assets (SAR107.9M) do not cover its short term liabilities (SAR120.5M).
Long Term Liabilities: 9611's short term assets (SAR107.9M) exceed its long term liabilities (SAR98.1M).
Debt to Equity History and Analysis
Debt Level: 9611's net debt to equity ratio (34.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 9611's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9611's debt is well covered by operating cash flow (64.7%).
Interest Coverage: 9611's interest payments on its debt are well covered by EBIT (5x coverage).