Fourth Milling Company

SASE:2286 Stock Report

Market Cap: ر.س2.9b

Fourth Milling Balance Sheet Health

Financial Health criteria checks 5/6

Fourth Milling has a total shareholder equity of SAR683.7M and total debt of SAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SAR1.1B and SAR459.2M respectively. Fourth Milling's EBIT is SAR168.6M making its interest coverage ratio 17.6. It has cash and short-term investments of SAR130.4M.

Key information

0%

Debt to equity ratio

ر.س0

Debt

Interest coverage ratio17.6x
Cashر.س130.45m
Equityر.س683.74m
Total liabilitiesر.س459.25m
Total assetsر.س1.14b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 2286's short term assets (SAR209.8M) exceed its short term liabilities (SAR85.4M).

Long Term Liabilities: 2286's short term assets (SAR209.8M) do not cover its long term liabilities (SAR373.8M).


Debt to Equity History and Analysis

Debt Level: 2286 is debt free.

Reducing Debt: 2286 had no debt 5 years ago.

Debt Coverage: 2286 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 2286 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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