National Environmental Recycling Balance Sheet Health
Financial Health criteria checks 4/6
National Environmental Recycling has a total shareholder equity of SAR211.0M and total debt of SAR91.2M, which brings its debt-to-equity ratio to 43.2%. Its total assets and total liabilities are SAR340.6M and SAR129.6M respectively. National Environmental Recycling's EBIT is SAR29.4M making its interest coverage ratio 7.2. It has cash and short-term investments of SAR9.1M.
Key information
43.2%
Debt to equity ratio
ر.س91.18m
Debt
| Interest coverage ratio | 7.2x |
| Cash | ر.س9.08m |
| Equity | ر.س210.96m |
| Total liabilities | ر.س129.62m |
| Total assets | ر.س340.58m |
Recent financial health updates
No updates
Recent updates
National Environmental Recycling (TADAWUL:9540) Strong Profits May Be Masking Some Underlying Issues
Sep 08
We Like These Underlying Return On Capital Trends At National Environmental Recycling (TADAWUL:9540)
Aug 16With EPS Growth And More, National Environmental Recycling (TADAWUL:9540) Makes An Interesting Case
Jan 26There Are Reasons To Feel Uneasy About National Environmental Recycling's (TADAWUL:9540) Returns On Capital
Oct 01Do National Environmental Recycling's (TADAWUL:9540) Earnings Warrant Your Attention?
Jul 14The Market Doesn't Like What It Sees From National Environmental Recycling Company's (TADAWUL:9540) Earnings Yet As Shares Tumble 27%
Jun 06Returns At National Environmental Recycling (TADAWUL:9540) Are On The Way Up
Jun 05National Environmental Recycling's (TADAWUL:9540) Problems Go Beyond Weak Profit
Sep 26Financial Position Analysis
Short Term Liabilities: 9540's short term assets (SAR199.5M) exceed its short term liabilities (SAR113.4M).
Long Term Liabilities: 9540's short term assets (SAR199.5M) exceed its long term liabilities (SAR16.2M).
Debt to Equity History and Analysis
Debt Level: 9540's net debt to equity ratio (38.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 9540's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9540's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: 9540's interest payments on its debt are well covered by EBIT (7.2x coverage).