Naqi Water Balance Sheet Health
Financial Health criteria checks 5/6
Naqi Water has a total shareholder equity of SAR272.1M and total debt of SAR5.8M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are SAR316.5M and SAR44.3M respectively. Naqi Water's EBIT is SAR26.9M making its interest coverage ratio 32.4. It has cash and short-term investments of SAR93.5M.
Key information
2.1%
Debt to equity ratio
ر.س5.78m
Debt
| Interest coverage ratio | 32.4x |
| Cash | ر.س93.55m |
| Equity | ر.س272.14m |
| Total liabilities | ر.س44.33m |
| Total assets | ر.س316.47m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2282's short term assets (SAR153.2M) exceed its short term liabilities (SAR33.9M).
Long Term Liabilities: 2282's short term assets (SAR153.2M) exceed its long term liabilities (SAR10.5M).
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 2.1% over the past 5 years.
Debt Coverage: 2282's debt is well covered by operating cash flow (973.2%).
Interest Coverage: 2282's interest payments on its debt are well covered by EBIT (32.4x coverage).