National Environmental Recycling Company

SASE:9540 Stock Report

Market Cap: ر.س754.8m

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 ratio7.2x
Cashر.س9.08m
Equityر.س210.96m
Total liabilitiesر.س129.62m
Total assetsر.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
National Environmental Recycling (TADAWUL:9540) Strong Profits May Be Masking Some Underlying Issues

We Like These Underlying Return On Capital Trends At National Environmental Recycling (TADAWUL:9540)

Aug 16
We Like These Underlying Return On Capital Trends At National Environmental Recycling (TADAWUL:9540)

With EPS Growth And More, National Environmental Recycling (TADAWUL:9540) Makes An Interesting Case

Jan 26
With EPS Growth And More, National Environmental Recycling (TADAWUL:9540) Makes An Interesting Case

There Are Reasons To Feel Uneasy About National Environmental Recycling's (TADAWUL:9540) Returns On Capital

Oct 01
There Are Reasons To Feel Uneasy About National Environmental Recycling's (TADAWUL:9540) Returns On Capital

Do National Environmental Recycling's (TADAWUL:9540) Earnings Warrant Your Attention?

Jul 14
Do National Environmental Recycling's (TADAWUL:9540) Earnings Warrant Your Attention?

The Market Doesn't Like What It Sees From National Environmental Recycling Company's (TADAWUL:9540) Earnings Yet As Shares Tumble 27%

Jun 06
The Market Doesn't Like What It Sees From National Environmental Recycling Company's (TADAWUL:9540) Earnings Yet As Shares Tumble 27%

Returns At National Environmental Recycling (TADAWUL:9540) Are On The Way Up

Jun 05
Returns At National Environmental Recycling (TADAWUL:9540) Are On The Way Up

National Environmental Recycling's (TADAWUL:9540) Problems Go Beyond Weak Profit

Sep 26
National Environmental Recycling's (TADAWUL:9540) Problems Go Beyond Weak Profit

Financial 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).


Balance Sheet


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