Pan Gulf Marketing Balance Sheet Health
Financial Health criteria checks 3/6
Pan Gulf Marketing has a total shareholder equity of SAR58.5M and total debt of SAR189.7M, which brings its debt-to-equity ratio to 324.3%. Its total assets and total liabilities are SAR374.7M and SAR316.2M respectively. Pan Gulf Marketing's EBIT is SAR42.4M making its interest coverage ratio 3.6. It has cash and short-term investments of SAR15.1M.
Key information
324.3%
Debt to equity ratio
ر.س189.68m
Debt
| Interest coverage ratio | 3.6x |
| Cash | ر.س15.15m |
| Equity | ر.س58.49m |
| Total liabilities | ر.س316.19m |
| Total assets | ر.س374.68m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 9593's short term assets (SAR350.2M) exceed its short term liabilities (SAR280.3M).
Long Term Liabilities: 9593's short term assets (SAR350.2M) exceed its long term liabilities (SAR35.9M).
Debt to Equity History and Analysis
Debt Level: 9593's net debt to equity ratio (298.4%) is considered high.
Reducing Debt: Insufficient data to determine if 9593's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9593's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9593's interest payments on its debt are well covered by EBIT (3.6x coverage).