Thimar Development Holding Balance Sheet Health
Financial Health criteria checks 3/6
Thimar Development Holding has a total shareholder equity of SAR31.1M and total debt of SAR14.1M, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are SAR103.0M and SAR71.8M respectively.
Key information
45.3%
Debt to equity ratio
ر.س14.12m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.س53.11m |
| Equity | ر.س31.14m |
| Total liabilities | ر.س71.82m |
| Total assets | ر.س102.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4160's short term assets (SAR54.5M) exceed its short term liabilities (SAR21.1M).
Long Term Liabilities: 4160's short term assets (SAR54.5M) exceed its long term liabilities (SAR50.7M).
Debt to Equity History and Analysis
Debt Level: 4160 has more cash than its total debt.
Reducing Debt: 4160's debt to equity ratio has increased from 31.9% to 45.3% 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: 4160 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 4160 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 44.7% each year