Tam Development Balance Sheet Health
Financial Health criteria checks 6/6
Tam Development has a total shareholder equity of SAR117.7M and total debt of SAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SAR212.9M and SAR95.2M respectively. Tam Development's EBIT is SAR49.9M making its interest coverage ratio 146. It has cash and short-term investments of SAR32.1M.
Key information
0%
Debt to equity ratio
ر.س0
Debt
| Interest coverage ratio | 146x |
| Cash | ر.س32.11m |
| Equity | ر.س117.71m |
| Total liabilities | ر.س95.18m |
| Total assets | ر.س212.90m |
Financial Position Analysis
Short Term Liabilities: 9570's short term assets (SAR185.2M) exceed its short term liabilities (SAR78.1M).
Long Term Liabilities: 9570's short term assets (SAR185.2M) exceed its long term liabilities (SAR17.1M).
Debt to Equity History and Analysis
Debt Level: 9570 is debt free.
Reducing Debt: 9570 had no debt 5 years ago.
Debt Coverage: 9570 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 9570 has no debt, therefore coverage of interest payments is not a concern.