Naqi Water Balance Sheet Health
Financial Health criteria checks 5/6
Naqi Water has a total shareholder equity of SAR253.1M and total debt of SAR8.9M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are SAR292.5M and SAR39.4M respectively. Naqi Water's EBIT is SAR42.8M making its interest coverage ratio 49.5. It has cash and short-term investments of SAR78.8M.
Key information
3.5%
Debt to equity ratio
ر.س8.91m
Debt
Interest coverage ratio | 49.5x |
Cash | ر.س78.80m |
Equity | ر.س253.13m |
Total liabilities | ر.س39.37m |
Total assets | ر.س292.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2282's short term assets (SAR135.7M) exceed its short term liabilities (SAR27.8M).
Long Term Liabilities: 2282's short term assets (SAR135.7M) exceed its long term liabilities (SAR11.6M).
Debt to Equity History and Analysis
Debt Level: 2282 has more cash than its total debt.
Reducing Debt: 2282's debt to equity ratio has increased from 0% to 3.5% over the past 5 years.
Debt Coverage: 2282's debt is well covered by operating cash flow (712%).
Interest Coverage: 2282's interest payments on its debt are well covered by EBIT (49.5x coverage).