Raydan Food Balance Sheet Health

Financial Health criteria checks 4/6

Raydan Food has a total shareholder equity of SAR136.4M and total debt of SAR5.4M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are SAR246.2M and SAR109.8M respectively.

Key information

3.9%

Debt to equity ratio

ر.س5.35m

Debt

Interest coverage ration/a
Cashر.س2.88m
Equityر.س136.39m
Total liabilitiesر.س109.82m
Total assetsر.س246.21m

Recent financial health updates

No updates

Recent updates

Subdued Growth No Barrier To Raydan Food Company (TADAWUL:6012) With Shares Advancing 31%

May 06
Subdued Growth No Barrier To Raydan Food Company (TADAWUL:6012) With Shares Advancing 31%

Update: Raydan Food (TADAWUL:6012) Stock Gained 84% In The Last Year

Dec 23
Update: Raydan Food (TADAWUL:6012) Stock Gained 84% In The Last Year

Financial Position Analysis

Short Term Liabilities: 6012's short term assets (SAR24.8M) do not cover its short term liabilities (SAR51.9M).

Long Term Liabilities: 6012's short term assets (SAR24.8M) do not cover its long term liabilities (SAR57.9M).


Debt to Equity History and Analysis

Debt Level: 6012's net debt to equity ratio (1.8%) is considered satisfactory.

Reducing Debt: 6012's debt to equity ratio has reduced from 8.9% to 3.9% 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: Whilst unprofitable 6012 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 6012 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 27.9% per year.


Discover healthy companies