Modern Mills Balance Sheet Health
Financial Health criteria checks 3/6
Modern Mills has a total shareholder equity of SAR328.2M and total debt of SAR546.9M, which brings its debt-to-equity ratio to 166.6%. Its total assets and total liabilities are SAR1.3B and SAR924.5M respectively. Modern Mills's EBIT is SAR255.4M making its interest coverage ratio 5.9. It has cash and short-term investments of SAR125.0M.
Key information
166.64%
Debt to equity ratio
ر.س546.91m
Debt
| Interest coverage ratio | 5.9x |
| Cash | ر.س125.05m |
| Equity | ر.س328.20m |
| Total liabilities | ر.س924.45m |
| Total assets | ر.س1.25b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2284's short term assets (SAR246.7M) exceed its short term liabilities (SAR190.8M).
Long Term Liabilities: 2284's short term assets (SAR246.7M) do not cover its long term liabilities (SAR733.6M).
Debt to Equity History and Analysis
Debt Level: 2284's net debt to equity ratio (128.5%) is considered high.
Reducing Debt: Insufficient data to determine if 2284's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2284's debt is well covered by operating cash flow (49.7%).
Interest Coverage: 2284's interest payments on its debt are well covered by EBIT (5.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/20 13:55 |
| End of Day Share Price | 2025/05/20 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| 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.
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 Github.
Analyst Sources
Modern Mills Company is covered by 5 analysts. 3 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 |
| Muhammad Saad | Al Rajhi Capital |
| Mohamad Al-Sakhal | Arqaam Capital Research Offshore S.A.L. |