Nayifat Finance Balance Sheet Health
Financial Health criteria checks 3/6
Nayifat Finance has a total shareholder equity of SAR1.4B and total debt of SAR624.7M, which brings its debt-to-equity ratio to 45.4%. Its total assets and total liabilities are SAR2.1B and SAR699.7M respectively.
Key information
45.4%
Debt to equity ratio
ر.س624.67m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.س61.30m |
| Equity | ر.س1.38b |
| Total liabilities | ر.س699.66m |
| Total assets | ر.س2.08b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4081's short term assets (SAR2.0B) exceed its short term liabilities (SAR298.3M).
Long Term Liabilities: 4081's short term assets (SAR2.0B) exceed its long term liabilities (SAR401.3M).
Debt to Equity History and Analysis
Debt Level: 4081's net debt to equity ratio (40.9%) is considered high.
Reducing Debt: 4081's debt to equity ratio has reduced from 72.1% to 45.4% over the past 5 years.
Debt Coverage: 4081's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 4081's interest payments on its debt are well covered by EBIT.