National Environmental Recycling Balance Sheet Health
Financial Health criteria checks 4/6
National Environmental Recycling has a total shareholder equity of SAR186.1M and total debt of SAR48.0M, which brings its debt-to-equity ratio to 25.8%. Its total assets and total liabilities are SAR265.9M and SAR79.8M respectively. National Environmental Recycling's EBIT is SAR24.1M making its interest coverage ratio 8.8. It has cash and short-term investments of SAR19.3M.
Key information
25.8%
Debt to equity ratio
ر.س48.01m
Debt
| Interest coverage ratio | 8.8x |
| Cash | ر.س19.29m |
| Equity | ر.س186.14m |
| Total liabilities | ر.س79.78m |
| Total assets | ر.س265.92m |
Recent financial health updates
No updates
Recent updates
With EPS Growth And More, National Environmental Recycling (TADAWUL:9540) Makes An Interesting Case
Jan 26
There 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 (SAR169.0M) exceed its short term liabilities (SAR32.5M).
Long Term Liabilities: 9540's short term assets (SAR169.0M) exceed its long term liabilities (SAR47.3M).
Debt to Equity History and Analysis
Debt Level: 9540's net debt to equity ratio (15.4%) 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 operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9540's interest payments on its debt are well covered by EBIT (8.8x coverage).