Saudi Advanced Industries Balance Sheet Health
Financial Health criteria checks 5/6
Saudi Advanced Industries has a total shareholder equity of SAR1.1B and total debt of SAR114.1M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are SAR1.2B and SAR133.5M respectively. Saudi Advanced Industries's EBIT is SAR251.9M making its interest coverage ratio 51.1. It has cash and short-term investments of SAR448.3M.
Key information
10.3%
Debt to equity ratio
ر.س114.11m
Debt
| Interest coverage ratio | 51.1x |
| Cash | ر.س448.31m |
| Equity | ر.س1.10b |
| Total liabilities | ر.س133.50m |
| Total assets | ر.س1.24b |
Recent financial health updates
No updates
Recent updates
Here's Why Saudi Advanced Industries (TADAWUL:2120) Has Caught The Eye Of Investors
May 13
A Piece Of The Puzzle Missing From Saudi Advanced Industries Company's (TADAWUL:2120) 33% Share Price Climb
Mar 28Saudi 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 (SAR449.1M) exceed its short term liabilities (SAR131.4M).
Long Term Liabilities: 2120's short term assets (SAR449.1M) exceed its long term liabilities (SAR2.0M).
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 1% to 10.3% over the past 5 years.
Debt Coverage: 2120's debt is well covered by operating cash flow (25.3%).
Interest Coverage: 2120's interest payments on its debt are well covered by EBIT (51.1x coverage).