Saudi Industrial Development Balance Sheet Health
Financial Health criteria checks 2/6
Saudi Industrial Development has a total shareholder equity of SAR104.8M and total debt of SAR22.1M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are SAR206.1M and SAR101.3M respectively.
Key information
21.1%
Debt to equity ratio
ر.س22.10m
Debt
Interest coverage ratio | n/a |
Cash | ر.س11.15m |
Equity | ر.س104.76m |
Total liabilities | ر.س101.34m |
Total assets | ر.س206.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2130's short term assets (SAR62.7M) do not cover its short term liabilities (SAR79.2M).
Long Term Liabilities: 2130's short term assets (SAR62.7M) exceed its long term liabilities (SAR22.1M).
Debt to Equity History and Analysis
Debt Level: 2130's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: 2130's debt to equity ratio has increased from 2.7% to 21.1% 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 grow at historical rates of 4.5% each year.