Saudi Arabian Oil Balance Sheet Health
Financial Health criteria checks 5/6
Saudi Arabian Oil has a total shareholder equity of SAR1,690.9B and total debt of SAR241.5B, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are SAR2,446.2B and SAR755.3B respectively. Saudi Arabian Oil's EBIT is SAR800.5B making its interest coverage ratio -59.3. It has cash and short-term investments of SAR260.4B.
Key information
14.3%
Debt to equity ratio
ر.س241.52b
Debt
| Interest coverage ratio | -59.3x |
| Cash | ر.س260.44b |
| Equity | ر.س1.69t |
| Total liabilities | ر.س755.33b |
| Total assets | ر.س2.45t |
Recent financial health updates
No updates
Recent updates
Revenue Beat: Saudi Arabian Oil Company Beat Analyst Estimates By 12%
Nov 07
Revenue Beat: Saudi Arabian Oil Company Beat Analyst Estimates By 6.8%
Aug 09Saudi Arabian Oil Company (TADAWUL:2222) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
May 10Saudi Arabian Oil Company's (TADAWUL:2222) Shares Lagging The Market But So Is The Business
May 06Analysts Are Updating Their Saudi Arabian Oil Company (TADAWUL:2222) Estimates After Its Yearly Results
Mar 14Saudi Arabian Oil Company (TADAWUL:2222) Looks Inexpensive But Perhaps Not Attractive Enough
Jan 08Is Now The Time To Put Saudi Arabian Oil (TADAWUL:2222) On Your Watchlist?
Jun 07Is Now The Time To Put Saudi Arabian Oil (TADAWUL:2222) On Your Watchlist?
Feb 23Here's Why Saudi Arabian Oil (TADAWUL:2222) Has Caught The Eye Of Investors
Sep 11Capital Investments At Saudi Arabian Oil (TADAWUL:2222) Point To A Promising Future
Jul 18Saudi Arabian Oil (TADAWUL:2222) Might Become A Compounding Machine
Apr 18Bullish: Analysts Just Made A Notable Upgrade To Their Saudi Arabian Oil Company (TADAWUL:2222) Forecasts
Mar 23Saudi Arabian Oil (TADAWUL:2222) Might Be Having Difficulty Using Its Capital Effectively
Jan 13Saudi Arabian Oil (TADAWUL:2222) Is Due To Pay A Dividend Of ر.س0.35
Nov 03Saudi Arabian Oil (TADAWUL:2222) Will Want To Turn Around Its Return Trends
Oct 04Saudi Arabian Oil (TADAWUL:2222) Will Pay A Dividend Of ر.س0.35
Aug 11There Are Reasons To Feel Uneasy About Saudi Arabian Oil's (TADAWUL:2222) Returns On Capital
Jun 10Financial Position Analysis
Short Term Liabilities: 2222's short term assets (SAR610.1B) exceed its short term liabilities (SAR298.4B).
Long Term Liabilities: 2222's short term assets (SAR610.1B) exceed its long term liabilities (SAR456.9B).
Debt to Equity History and Analysis
Debt Level: 2222 has more cash than its total debt.
Reducing Debt: 2222's debt to equity ratio has increased from 12.7% to 14.3% over the past 5 years.
Debt Coverage: 2222's debt is well covered by operating cash flow (215.3%).
Interest Coverage: 2222 earns more interest than it pays, so coverage of interest payments is not a concern.