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 SAR249.2M and total debt of SAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SAR329.3M and SAR80.1M respectively. Wafrah for Industry and Development's EBIT is SAR2.1M making its interest coverage ratio -0.5. It has cash and short-term investments of SAR28.4M.
Key information
0%
Debt to equity ratio
ر.س0
Debt
| Interest coverage ratio | -0.5x |
| Cash | ر.س28.41m |
| Equity | ر.س249.20m |
| Total liabilities | ر.س80.13m |
| Total assets | ر.س329.33m |
Recent financial health updates
No updates
Recent updates
Statutory Earnings May Not Be The Best Way To Understand Wafrah for Industry and Development's (TADAWUL:2100) True Position
Nov 22
We Like These Underlying Return On Capital Trends At Wafrah for Industry and Development (TADAWUL:2100)
Aug 06We Believe Wafrah for Industry and Development's (TADAWUL:2100) Earnings Are A Poor Guide For Its Profitability
Apr 12Earnings 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 (SAR148.5M) exceed its short term liabilities (SAR65.8M).
Long Term Liabilities: 2100's short term assets (SAR148.5M) exceed its long term liabilities (SAR14.3M).
Debt to Equity History and Analysis
Debt Level: 2100 is debt free.
Reducing Debt: 2100 has no debt compared to 5 years ago when its debt to equity ratio was 27.4%.
Debt Coverage: 2100 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2100 has no debt, therefore coverage of interest payments is not a concern.