Development Works Food Balance Sheet Health
Financial Health criteria checks 4/6
Development Works Food has a total shareholder equity of SAR26.5M and total debt of SAR9.9M, which brings its debt-to-equity ratio to 37.2%. Its total assets and total liabilities are SAR78.5M and SAR52.1M respectively.
Key information
37.2%
Debt to equity ratio
ر.س9.86m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.س2.19m |
| Equity | ر.س26.47m |
| Total liabilities | ر.س52.07m |
| Total assets | ر.س78.54m |
Recent financial health updates
No updates
Recent updates
Here's What's Concerning About Development Works Food's (TADAWUL:9501) Returns On Capital
Oct 03
Why Development Works Food's (TADAWUL:9501) Earnings Are Better Than They Seem
Aug 29Why Development Works Food Co. Ltd (TADAWUL:9501) Could Be Worth Watching
May 15Why Development Works Food Co. Ltd (TADAWUL:9501) Could Be Worth Watching
Feb 05
Investors Who Bought Development Works Food (TADAWUL:9501) Shares Three Years Ago Are Now Up 539%
Dec 11Financial Position Analysis
Short Term Liabilities: 6013's short term assets (SAR23.8M) do not cover its short term liabilities (SAR30.2M).
Long Term Liabilities: 6013's short term assets (SAR23.8M) exceed its long term liabilities (SAR21.9M).
Debt to Equity History and Analysis
Debt Level: 6013's net debt to equity ratio (29%) is considered satisfactory.
Reducing Debt: 6013's debt to equity ratio has reduced from 102.3% to 37.2% over the past 5 years.
Debt Coverage: 6013's debt is well covered by operating cash flow (270.5%).
Interest Coverage: Insufficient data to determine if 6013's interest payments on its debt are well covered by EBIT.