Almarai Balance Sheet Health
Financial Health criteria checks 4/6
Almarai has a total shareholder equity of SAR18.6B and total debt of SAR9.8B, which brings its debt-to-equity ratio to 53%. Its total assets and total liabilities are SAR35.4B and SAR16.9B respectively. Almarai's EBIT is SAR3.0B making its interest coverage ratio 5.5. It has cash and short-term investments of SAR375.0M.
Key information
53.0%
Debt to equity ratio
ر.س9.84b
Debt
| Interest coverage ratio | 5.5x |
| Cash | ر.س374.96m |
| Equity | ر.س18.56b |
| Total liabilities | ر.س16.87b |
| Total assets | ر.س35.42b |
Recent financial health updates
No updates
Recent updates
Pinning Down Almarai Company's (TADAWUL:2280) P/E Is Difficult Right Now
Dec 16
Return Trends At Almarai (TADAWUL:2280) Aren't Appealing
Oct 31With Almarai Company (TADAWUL:2280) It Looks Like You'll Get What You Pay For
Aug 29The Almarai Company (TADAWUL:2280) Second-Quarter Results Are Out And Analysts Have Published New Forecasts
Jul 12Here's What To Make Of Almarai's (TADAWUL:2280) Decelerating Rates Of Return
May 30Analysts Are Updating Their Almarai Company (TADAWUL:2280) Estimates After Its First-Quarter Results
Apr 25What Almarai Company's (TADAWUL:2280) P/E Is Not Telling You
Apr 16Slowing Rates Of Return At Almarai (TADAWUL:2280) Leave Little Room For Excitement
Feb 22Financial Position Analysis
Short Term Liabilities: 2280's short term assets (SAR9.3B) exceed its short term liabilities (SAR6.7B).
Long Term Liabilities: 2280's short term assets (SAR9.3B) do not cover its long term liabilities (SAR10.2B).
Debt to Equity History and Analysis
Debt Level: 2280's net debt to equity ratio (51%) is considered high.
Reducing Debt: 2280's debt to equity ratio has reduced from 90.9% to 53% over the past 5 years.
Debt Coverage: 2280's debt is well covered by operating cash flow (65.6%).
Interest Coverage: 2280's interest payments on its debt are well covered by EBIT (5.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/04 22:04 |
| End of Day Share Price | 2025/01/02 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Almarai Company is covered by 28 analysts. 12 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 |
|---|---|
| Talha Nazar ul Haque | Aljazira Capital Company |
| Jassim Al-Jubran | Aljazira Capital Company |
| Kais Kriaa | AlphaMena |