Naseej International Trading Balance Sheet Health
Financial Health criteria checks 5/6
Naseej International Trading has a total shareholder equity of SAR90.1M and total debt of SAR183.6M, which brings its debt-to-equity ratio to 203.6%. Its total assets and total liabilities are SAR392.6M and SAR302.5M respectively. Naseej International Trading's EBIT is SAR19.5M making its interest coverage ratio 1.7. It has cash and short-term investments of SAR3.4M.
Key information
203.6%
Debt to equity ratio
ر.س183.56m
Debt
| Interest coverage ratio | 1.7x |
| Cash | ر.س3.42m |
| Equity | ر.س90.15m |
| Total liabilities | ر.س302.46m |
| Total assets | ر.س392.61m |
Recent financial health updates
No updates
Recent updates
Investors Appear Satisfied With Naseej International Trading Company's (TADAWUL:1213) Prospects As Shares Rocket 32%
Jan 09
There's Been No Shortage Of Growth Recently For Naseej International Trading's (TADAWUL:1213) Returns On Capital
Jan 03Many Still Looking Away From Naseej International Trading Company (TADAWUL:1213)
Oct 24Naseej International Trading (TADAWUL:1213) Is Experiencing Growth In Returns On Capital
Sep 12How Much Did Naseej International Trading's (TADAWUL:1213) Shareholders Earn On Their Investment Over The Last Five Years?
Dec 26Financial Position Analysis
Short Term Liabilities: 1213's short term assets (SAR223.1M) exceed its short term liabilities (SAR182.0M).
Long Term Liabilities: 1213's short term assets (SAR223.1M) exceed its long term liabilities (SAR120.5M).
Debt to Equity History and Analysis
Debt Level: 1213's net debt to equity ratio (199.8%) is considered high.
Reducing Debt: 1213's debt to equity ratio has reduced from 204.6% to 203.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 1213 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1213 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 25.4% per year.