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 ratio | 17.6x |
| Cash | ر.س130.45m |
| Equity | ر.س683.74m |
| Total liabilities | ر.س459.25m |
| Total assets | ر.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.