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 SAR13.1B and total debt of SAR7.2B, which brings its debt-to-equity ratio to 54.9%. Its total assets and total liabilities are SAR23.7B and SAR10.6B respectively. National Shipping Company of Saudi Arabia's EBIT is SAR2.0B making its interest coverage ratio 3.6. It has cash and short-term investments of SAR2.4B.
Key information
54.9%
Debt to equity ratio
ر.س7.21b
Debt
| Interest coverage ratio | 3.6x |
| Cash | ر.س2.36b |
| Equity | ر.س13.14b |
| Total liabilities | ر.س10.58b |
| Total assets | ر.س23.73b |
Recent financial health updates
No updates
Recent updates
Investors Shouldn't Be Too Comfortable With National Shipping Company of Saudi Arabia's (TADAWUL:4030) Earnings
Mar 29
National Shipping Company of Saudi Arabia (TADAWUL:4030) Might Have The Makings Of A Multi-Bagger
Mar 10Investors Don't See Light At End Of The National Shipping Company of Saudi Arabia's (TADAWUL:4030) Tunnel
Dec 19National Shipping Company of Saudi Arabia (TADAWUL:4030) Is Looking To Continue Growing Its Returns On Capital
Nov 05Returns On Capital Are Showing Encouraging Signs At National Shipping Company of Saudi Arabia (TADAWUL:4030)
Jul 18Here's What To Make Of National Shipping Company of Saudi Arabia's (TADAWUL:4030) Decelerating Rates Of Return
Apr 19Capital Allocation Trends At National Shipping Company of Saudi Arabia (TADAWUL:4030) Aren't Ideal
Jan 18The Returns On Capital At National Shipping Company of Saudi Arabia (TADAWUL:4030) Don't Inspire Confidence
Sep 21National Shipping Company of Saudi Arabia (TADAWUL:4030) May Have Issues Allocating Its Capital
Jun 22National Shipping Company of Saudi Arabia (TADAWUL:4030) Is Finding It Tricky To Allocate Its Capital
Mar 02National Shipping Company of Saudi Arabia (TADAWUL:4030) Will Be Hoping To Turn Its Returns On Capital Around
Oct 28National Shipping Company of Saudi Arabia (TADAWUL:4030) Will Pay A Dividend Of ر.س1.00
Sep 23National Shipping Company of Saudi Arabia (TADAWUL:4030) Has Some Difficulty Using Its Capital Effectively
Jul 05Should The National Shipping Company of Saudi Arabia (TADAWUL:4030) Be Part Of Your Dividend Portfolio?
May 11If You Like EPS Growth Then Check Out National Shipping Company of Saudi Arabia (TADAWUL:4030) Before It's Too Late
Apr 23Slowing Rates Of Return At National Shipping Company of Saudi Arabia (TADAWUL:4030) Leave Little Room For Excitement
Apr 05Shareholders Of National Shipping Company of Saudi Arabia (TADAWUL:4030) Must Be Happy With Their 47% Return
Mar 17Weak Financial Prospects Seem To Be Dragging Down The National Shipping Company of Saudi Arabia (TADAWUL:4030) Stock
Feb 26The Case For The National Shipping Company of Saudi Arabia (TADAWUL:4030): Could It Be A Nice Addition To Your Dividend Portfolio?
Feb 07
Here's Why We Think National Shipping Company of Saudi Arabia (TADAWUL:4030) Is Well Worth Watching
Jan 20Will National Shipping Company of Saudi Arabia (TADAWUL:4030) Multiply In Value Going Forward?
Jan 02National Shipping Company of Saudi Arabia (TADAWUL:4030) Has Compensated Shareholders With A Respectable 58% Return On Their Investment
Dec 13The National Shipping Company of Saudi Arabia's (TADAWUL:4030) Has Performed Well But Fundamentals Look Varied: Is There A Clear Direction For The Stock?
Nov 25Financial Position Analysis
Short Term Liabilities: 4030's short term assets (SAR5.1B) exceed its short term liabilities (SAR2.9B).
Long Term Liabilities: 4030's short term assets (SAR5.1B) do not cover its long term liabilities (SAR7.7B).
Debt to Equity History and Analysis
Debt Level: 4030's net debt to equity ratio (36.9%) is considered satisfactory.
Reducing Debt: 4030's debt to equity ratio has reduced from 97.6% to 54.9% over the past 5 years.
Debt Coverage: 4030's debt is well covered by operating cash flow (44.4%).
Interest Coverage: 4030's interest payments on its debt are well covered by EBIT (3.6x coverage).