Sinad Holding Balance Sheet Health
Financial Health criteria checks 2/6
Sinad Holding has a total shareholder equity of SAR1.3B and total debt of SAR646.2M, which brings its debt-to-equity ratio to 48.6%. Its total assets and total liabilities are SAR2.5B and SAR1.2B respectively. Sinad Holding's EBIT is SAR18.1M making its interest coverage ratio 0.3. It has cash and short-term investments of SAR84.4M.
Key information
48.6%
Debt to equity ratio
ر.س646.16m
Debt
| Interest coverage ratio | 0.3x |
| Cash | ر.س84.42m |
| Equity | ر.س1.33b |
| Total liabilities | ر.س1.16b |
| Total assets | ر.س2.48b |
Recent financial health updates
No updates
Recent updates
There's No Escaping Sinad Holding Company's (TADAWUL:4080) Muted Revenues Despite A 28% Share Price Rise
Dec 12
Sinad Holding's (TADAWUL:4080) Earnings Are Weaker Than They Seem
Apr 11Here's What's Concerning About Aseer Trading Tourism and Manufacturing's (TADAWUL:4080) Returns On Capital
Jun 14Here's What's Concerning About Aseer Trading Tourism and Manufacturing's (TADAWUL:4080) Returns On Capital
Nov 22The Returns On Capital At Aseer Trading Tourism and Manufacturing (TADAWUL:4080) Don't Inspire Confidence
Jun 21Is Aseer Trading Tourism and Manufacturing (TADAWUL:4080) Struggling?
Mar 08The Aseer Trading Tourism and Manufacturing (TADAWUL:4080) Share Price Is Up 59% And Shareholders Are Holding On
Jan 14Are Investors Concerned With What's Going On At Aseer Trading Tourism and Manufacturing (TADAWUL:4080)?
Nov 20Financial Position Analysis
Short Term Liabilities: 4080's short term assets (SAR928.0M) do not cover its short term liabilities (SAR989.5M).
Long Term Liabilities: 4080's short term assets (SAR928.0M) exceed its long term liabilities (SAR165.7M).
Debt to Equity History and Analysis
Debt Level: 4080's net debt to equity ratio (42.3%) is considered high.
Reducing Debt: 4080's debt to equity ratio has increased from 40.9% to 48.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 4080 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 4080 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 36.6% each year