National Shipping Company of Saudi Arabia Balance Sheet Health
Financial Health criteria checks 5/6
National Shipping Company of Saudi Arabia has a total shareholder equity of SAR14.0B and total debt of SAR7.7B, which brings its debt-to-equity ratio to 54.7%. Its total assets and total liabilities are SAR25.0B and SAR10.9B respectively. National Shipping Company of Saudi Arabia's EBIT is SAR2.5B making its interest coverage ratio 4.5. It has cash and short-term investments of SAR2.1B.
Key information
54.7%
Debt to equity ratio
ر.س7.68b
Debt
| Interest coverage ratio | 4.5x |
| Cash | ر.س2.11b |
| Equity | ر.س14.04b |
| Total liabilities | ر.س10.92b |
| Total assets | ر.س24.96b |
Recent financial health updates
No updates
Recent updates
Investors Holding Back On The National Shipping Company of Saudi Arabia (TADAWUL:4030)
Jan 09
Returns On Capital Are Showing Encouraging Signs At National Shipping Company of Saudi Arabia (TADAWUL:4030)
Dec 07We Think That There Are Some Issues For National Shipping Company of Saudi Arabia (TADAWUL:4030) Beyond Its Promising Earnings
Nov 13Returns At National Shipping Company of Saudi Arabia (TADAWUL:4030) Are On The Way Up
Aug 27The Market Doesn't Like What It Sees From The National Shipping Company of Saudi Arabia's (TADAWUL:4030) Earnings Yet
Jul 29Investors Shouldn't Be Too Comfortable With National Shipping Company of Saudi Arabia's (TADAWUL:4030) Earnings
Mar 29National Shipping Company of Saudi Arabia (TADAWUL:4030) Might Have The Makings Of A Multi-Bagger
Mar 10Financial Position Analysis
Short Term Liabilities: 4030's short term assets (SAR4.8B) exceed its short term liabilities (SAR2.9B).
Long Term Liabilities: 4030's short term assets (SAR4.8B) do not cover its long term liabilities (SAR8.0B).
Debt to Equity History and Analysis
Debt Level: 4030's net debt to equity ratio (39.7%) is considered satisfactory.
Reducing Debt: 4030's debt to equity ratio has reduced from 100.1% to 54.7% over the past 5 years.
Debt Coverage: 4030's debt is well covered by operating cash flow (41.5%).
Interest Coverage: 4030's interest payments on its debt are well covered by EBIT (4.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 00:18 |
| End of Day Share Price | 2025/01/09 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
The National Shipping Company of Saudi Arabia is covered by 7 analysts. 0 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 |
|---|---|
| Waleed Al-Jubayr | Aljazira Capital Company |
| Talha Nazar ul Haque | Aljazira Capital Company |
| Redwan Ahmed | EFG-Hermes Research |