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 ratio | n/a |
Cash | ر.س2.88m |
Equity | ر.س136.39m |
Total liabilities | ر.س109.82m |
Total assets | ر.س246.21m |
Recent financial health updates
No updates
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.