Saudi Industrial Development Balance Sheet Health
Financial Health criteria checks 2/6
Saudi Industrial Development has a total shareholder equity of SAR80.0M and total debt of SAR19.5M, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are SAR174.4M and SAR94.4M respectively.
Key information
24.4%
Debt to equity ratio
ر.س19.50m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.س4.37m |
| Equity | ر.س80.03m |
| Total liabilities | ر.س94.42m |
| Total assets | ر.س174.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2130's short term assets (SAR61.6M) do not cover its short term liabilities (SAR71.2M).
Long Term Liabilities: 2130's short term assets (SAR61.6M) exceed its long term liabilities (SAR23.2M).
Debt to Equity History and Analysis
Debt Level: 2130's net debt to equity ratio (18.9%) is considered satisfactory.
Reducing Debt: 2130's debt to equity ratio has increased from 2.7% to 24.4% 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: 2130 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 2130 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 19.4% each year