Saudi Advanced Industries Balance Sheet Health
Financial Health criteria checks 5/6
Saudi Advanced Industries has a total shareholder equity of SAR995.4M and total debt of SAR115.4M, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are SAR1.1B and SAR131.5M respectively. Saudi Advanced Industries's EBIT is SAR162.2M making its interest coverage ratio 51. It has cash and short-term investments of SAR338.0M.
Key information
11.6%
Debt to equity ratio
ر.س115.43m
Debt
| Interest coverage ratio | 51x |
| Cash | ر.س337.96m |
| Equity | ر.س995.41m |
| Total liabilities | ر.س131.49m |
| Total assets | ر.س1.13b |
Recent financial health updates
No updates
Recent updates
A Piece Of The Puzzle Missing From Saudi Advanced Industries Company's (TADAWUL:2120) 33% Share Price Climb
Mar 28
Saudi Advanced Industries Company (TADAWUL:2120) Screens Well But There Might Be A Catch
Feb 07Does Saudi Advanced Industries (TADAWUL:2120) Deserve A Spot On Your Watchlist?
May 02Here's Why We Think Saudi Advanced Industries (TADAWUL:2120) Might Deserve Your Attention Today
Dec 15If EPS Growth Is Important To You, Saudi Advanced Industries (TADAWUL:2120) Presents An Opportunity
Jul 22Here's Why We Think Saudi Advanced Industries (TADAWUL:2120) Is Well Worth Watching
Nov 21Is Saudi Advanced Industries Company's (TADAWUL:2120) 1.3% Dividend Worth Your Time?
Mar 11Did Business Growth Power Saudi Advanced Industries' (TADAWUL:2120) Share Price Gain of 122%?
Jan 18Three Things You Should Check Before Buying Saudi Advanced Industries Company (TADAWUL:2120) For Its Dividend
Dec 01
Financial Position Analysis
Short Term Liabilities: 2120's short term assets (SAR338.2M) exceed its short term liabilities (SAR129.6M).
Long Term Liabilities: 2120's short term assets (SAR338.2M) exceed its long term liabilities (SAR1.9M).
Debt to Equity History and Analysis
Debt Level: 2120 has more cash than its total debt.
Reducing Debt: 2120's debt to equity ratio has increased from 0% to 11.6% over the past 5 years.
Debt Coverage: 2120's debt is well covered by operating cash flow (31.4%).
Interest Coverage: 2120's interest payments on its debt are well covered by EBIT (51x coverage).