Wafrah for Industry and Development Balance Sheet Health
Financial Health criteria checks 6/6
Wafrah for Industry and Development has a total shareholder equity of SAR232.5M and total debt of SAR2.0M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are SAR322.0M and SAR89.5M respectively. Wafrah for Industry and Development's EBIT is SAR5.0M making its interest coverage ratio -1.2. It has cash and short-term investments of SAR54.4M.
Key information
0.9%
Debt to equity ratio
ر.س2.00m
Debt
| Interest coverage ratio | -1.2x |
| Cash | ر.س54.41m |
| Equity | ر.س232.47m |
| Total liabilities | ر.س89.52m |
| Total assets | ر.س321.99m |
Recent financial health updates
No updates
Recent updates
We Believe Wafrah for Industry and Development's (TADAWUL:2100) Earnings Are A Poor Guide For Its Profitability
Apr 12
Earnings Not Telling The Story For Wafrah for Industry and Development Company (TADAWUL:2100) After Shares Rise 32%
Mar 18Wafrah for Industry and Development (TADAWUL:2100) Is Looking To Continue Growing Its Returns On Capital
Mar 15There's Reason For Concern Over Wafrah for Industry and Development Company's (TADAWUL:2100) Massive 27% Price Jump
Sep 11Investors Will Want Wafrah for Industry and Development's (TADAWUL:2100) Growth In ROCE To Persist
Jan 04Statutory Earnings May Not Be The Best Way To Understand Wafrah for Industry and Development's (TADAWUL:2100) True Position
Nov 17Shareholders Are Raving About How The Wafrah for Industry and Development (TADAWUL:2100) Share Price Increased 359%
Feb 02
Financial Position Analysis
Short Term Liabilities: 2100's short term assets (SAR149.9M) exceed its short term liabilities (SAR75.3M).
Long Term Liabilities: 2100's short term assets (SAR149.9M) exceed its long term liabilities (SAR14.2M).
Debt to Equity History and Analysis
Debt Level: 2100 has more cash than its total debt.
Reducing Debt: 2100's debt to equity ratio has reduced from 27.6% to 0.9% over the past 5 years.
Debt Coverage: 2100's debt is well covered by operating cash flow (876.8%).
Interest Coverage: 2100 earns more interest than it pays, so coverage of interest payments is not a concern.