Foods Gate Trading Balance Sheet Health
Financial Health criteria checks 4/6
Foods Gate Trading has a total shareholder equity of SAR42.6M and total debt of SAR4.8M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are SAR63.0M and SAR20.4M respectively. Foods Gate Trading's EBIT is SAR7.6M making its interest coverage ratio 6.4. It has cash and short-term investments of SAR6.0M.
Key information
11.3%
Debt to equity ratio
ر.س4.83m
Debt
Interest coverage ratio | 6.4x |
Cash | ر.س5.99m |
Equity | ر.س42.62m |
Total liabilities | ر.س20.41m |
Total assets | ر.س63.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9562's short term assets (SAR11.2M) do not cover its short term liabilities (SAR13.4M).
Long Term Liabilities: 9562's short term assets (SAR11.2M) exceed its long term liabilities (SAR7.0M).
Debt to Equity History and Analysis
Debt Level: 9562 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 9562's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9562's debt is well covered by operating cash flow (331.1%).
Interest Coverage: 9562's interest payments on its debt are well covered by EBIT (6.4x coverage).