Shatirah House Restaurant Balance Sheet Health
Financial Health criteria checks 2/6
Shatirah House Restaurant has a total shareholder equity of SAR60.3M and total debt of SAR18.6M, which brings its debt-to-equity ratio to 30.9%. Its total assets and total liabilities are SAR146.1M and SAR85.8M respectively. Shatirah House Restaurant's EBIT is SAR6.6M making its interest coverage ratio 2.9. It has cash and short-term investments of SAR11.1M.
Key information
30.9%
Debt to equity ratio
ر.س18.64m
Debt
Interest coverage ratio | 2.9x |
Cash | ر.س11.10m |
Equity | ر.س60.27m |
Total liabilities | ر.س85.83m |
Total assets | ر.س146.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9520's short term assets (SAR33.4M) do not cover its short term liabilities (SAR52.4M).
Long Term Liabilities: 9520's short term assets (SAR33.4M) do not cover its long term liabilities (SAR33.4M).
Debt to Equity History and Analysis
Debt Level: 9520's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: 9520's debt to equity ratio has increased from 24.5% to 30.9% over the past 5 years.
Debt Coverage: 9520's debt is well covered by operating cash flow (198.7%).
Interest Coverage: 9520's interest payments on its debt are not well covered by EBIT (2.9x coverage).