Thimar Development Holding Balance Sheet Health
Financial Health criteria checks 3/6
Thimar Development Holding has a total shareholder equity of SAR19.9M and total debt of SAR14.4M, which brings its debt-to-equity ratio to 72.5%. Its total assets and total liabilities are SAR89.1M and SAR69.2M respectively.
Key information
72.5%
Debt to equity ratio
ر.س14.39m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.س36.60m |
| Equity | ر.س19.86m |
| Total liabilities | ر.س69.21m |
| Total assets | ر.س89.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4160's short term assets (SAR38.9M) exceed its short term liabilities (SAR33.9M).
Long Term Liabilities: 4160's short term assets (SAR38.9M) exceed its long term liabilities (SAR35.3M).
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 55.1% to 72.5% 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 59.9% each year