Tam Development Balance Sheet Health
Financial Health criteria checks 6/6
Tam Development has a total shareholder equity of SAR109.8M and total debt of SAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SAR188.8M and SAR79.0M respectively. Tam Development's EBIT is SAR44.1M making its interest coverage ratio 951.2. It has cash and short-term investments of SAR52.4M.
Key information
0%
Debt to equity ratio
ر.س0
Debt
| Interest coverage ratio | 951.2x |
| Cash | ر.س52.37m |
| Equity | ر.س109.76m |
| Total liabilities | ر.س79.02m |
| Total assets | ر.س188.78m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9570's short term assets (SAR171.8M) exceed its short term liabilities (SAR73.6M).
Long Term Liabilities: 9570's short term assets (SAR171.8M) exceed its long term liabilities (SAR5.4M).
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.