Saudi Marketing Balance Sheet Health
Financial Health criteria checks 4/6
Saudi Marketing has a total shareholder equity of SAR660.5M and total debt of SAR569.2M, which brings its debt-to-equity ratio to 86.2%. Its total assets and total liabilities are SAR2.4B and SAR1.7B respectively. Saudi Marketing's EBIT is SAR74.6M making its interest coverage ratio 1.1. It has cash and short-term investments of SAR31.3M.
Key information
86.2%
Debt to equity ratio
ر.س569.22m
Debt
| Interest coverage ratio | 1.1x |
| Cash | ر.س31.26m |
| Equity | ر.س660.53m |
| Total liabilities | ر.س1.69b |
| Total assets | ر.س2.35b |
Recent financial health updates
No updates
Recent updates
Earnings Tell The Story For Saudi Marketing Company (TADAWUL:4006) As Its Stock Soars 25%
Mar 18
Estimating The Intrinsic Value Of Saudi Marketing Company (TADAWUL:4006)
Jun 05Saudi Marketing (TADAWUL:4006) Will Want To Turn Around Its Return Trends
Jun 15Be Wary Of Saudi Marketing (TADAWUL:4006) And Its Returns On Capital
May 30Unpleasant Surprises Could Be In Store For Saudi Marketing Company's (TADAWUL:4006) Shares
Apr 23Here's Why I Think Saudi Marketing (TADAWUL:4006) Is An Interesting Stock
Apr 05Saudi Marketing Company (TADAWUL:4006) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Mar 17What You Need To Know About Saudi Marketing Company's (TADAWUL:4006) Investor Composition
Feb 16
Returns On Capital At Saudi Marketing (TADAWUL:4006) Paint An Interesting Picture
Jan 26Can You Imagine How Saudi Marketing's (TADAWUL:4006) Shareholders Feel About The 97% Share Price Increase?
Jan 06Are Saudi Marketing's (TADAWUL:4006) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 16Saudi Marketing Company's (TADAWUL:4006) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Nov 25Financial Position Analysis
Short Term Liabilities: 4006's short term assets (SAR1.1B) exceed its short term liabilities (SAR958.6M).
Long Term Liabilities: 4006's short term assets (SAR1.1B) exceed its long term liabilities (SAR734.9M).
Debt to Equity History and Analysis
Debt Level: 4006's net debt to equity ratio (81.4%) is considered high.
Reducing Debt: 4006's debt to equity ratio has reduced from 109.1% to 86.2% over the past 5 years.
Debt Coverage: 4006's debt is well covered by operating cash flow (21.7%).
Interest Coverage: 4006's interest payments on its debt are not well covered by EBIT (1.1x coverage).