Nayifat Finance Balance Sheet Health
Financial Health criteria checks 5/6
Nayifat Finance has a total shareholder equity of SAR1.5B and total debt of SAR506.9M, which brings its debt-to-equity ratio to 34.5%. Its total assets and total liabilities are SAR2.1B and SAR585.4M respectively.
Key information
34.5%
Debt to equity ratio
ر.س506.91m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.س41.76m |
| Equity | ر.س1.47b |
| Total liabilities | ر.س585.42m |
| Total assets | ر.س2.06b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4081's short term assets (SAR2.0B) exceed its short term liabilities (SAR63.7M).
Long Term Liabilities: 4081's short term assets (SAR2.0B) exceed its long term liabilities (SAR521.8M).
Debt to Equity History and Analysis
Debt Level: 4081's net debt to equity ratio (31.6%) is considered satisfactory.
Reducing Debt: 4081's debt to equity ratio has reduced from 79.4% to 34.5% over the past 5 years.
Debt Coverage: 4081's debt is well covered by operating cash flow (24.5%).
Interest Coverage: Insufficient data to determine if 4081's interest payments on its debt are well covered by EBIT.