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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 04:32 |
| End of Day Share Price | 2024/12/26 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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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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
Naqi Water Company is covered by 1 analysts. 0 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 |
|---|---|
| Jassim Al-Jubran | Aljazira Capital Company |