Arabian Mills for Food Products Balance Sheet Health
Financial Health criteria checks 3/6
Arabian Mills for Food Products has a total shareholder equity of SAR924.5M and total debt of SAR963.7M, which brings its debt-to-equity ratio to 104.2%. Its total assets and total liabilities are SAR2.3B and SAR1.3B respectively. Arabian Mills for Food Products's EBIT is SAR319.0M making its interest coverage ratio 3.5. It has cash and short-term investments of SAR87.2M.
Key information
104.2%
Debt to equity ratio
ر.س963.68m
Debt
| Interest coverage ratio | 3.5x |
| Cash | ر.س87.22m |
| Equity | ر.س924.51m |
| Total liabilities | ر.س1.34b |
| Total assets | ر.س2.27b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 2285's short term assets (SAR263.2M) exceed its short term liabilities (SAR141.0M).
Long Term Liabilities: 2285's short term assets (SAR263.2M) do not cover its long term liabilities (SAR1.2B).
Debt to Equity History and Analysis
Debt Level: 2285's net debt to equity ratio (94.8%) is considered high.
Reducing Debt: Insufficient data to determine if 2285's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2285's debt is well covered by operating cash flow (38.8%).
Interest Coverage: 2285's interest payments on its debt are well covered by EBIT (3.5x coverage).