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 SAR803.8B making its interest coverage ratio -59.6. 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 | -59.6x |
| 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
Earnings Working Against Saudi Arabian Oil Company's (TADAWUL:2222) Share Price
Dec 09
Revenue Beat: Saudi Arabian Oil Company Beat Analyst Estimates By 12%
Nov 07Revenue 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 08Financial 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 04:04 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Saudi Arabian Oil Company is covered by 27 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jassim Al-Jubran | Aljazira Capital Company |
| Madhu Appissa | Al Rajhi Capital |
| Mazen Al-Sudairi | Al Rajhi Capital |