National Agricultural Development Balance Sheet Health
Financial Health criteria checks 6/6
National Agricultural Development has a total shareholder equity of SAR3.6B and total debt of SAR376.4M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are SAR5.1B and SAR1.5B respectively. National Agricultural Development's EBIT is SAR416.8M making its interest coverage ratio 6.5. It has cash and short-term investments of SAR834.7M.
Key information
10.5%
Debt to equity ratio
ر.س376.39m
Debt
| Interest coverage ratio | 6.5x |
| Cash | ر.س834.69m |
| Equity | ر.س3.59b |
| Total liabilities | ر.س1.52b |
| Total assets | ر.س5.11b |
Recent financial health updates
No updates
Recent updates
The Market Lifts The National Agricultural Development Company (TADAWUL:6010) Shares 29% But It Can Do More
Dec 29
Why The National Agricultural Development Company (TADAWUL:6010) Could Be Worth Watching
Nov 07What Is The National Agricultural Development Company's (TADAWUL:6010) Share Price Doing?
Aug 01A Look At The Intrinsic Value Of The National Agricultural Development Company (TADAWUL:6010)
Jul 11Is There An Opportunity With The National Agricultural Development Company's (TADAWUL:6010) 35% Undervaluation?
May 15Should You Think About Buying The National Agricultural Development Company (TADAWUL:6010) Now?
Jan 07How Has National Agricultural Development (TADAWUL:6010) Allocated Its Capital?
Feb 24Is There An Opportunity With The National Agricultural Development Company's (TADAWUL:6010) 26% Undervaluation?
Feb 02
Could The The National Agricultural Development Company (TADAWUL:6010) Ownership Structure Tell Us Something Useful?
Jan 19Is The National Agricultural Development Company's (TADAWUL:6010) Recent Price Movement Underpinned By Its Weak Fundamentals?
Dec 30Are National Agricultural Development's (TADAWUL:6010) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 15Is Now The Time To Look At Buying The National Agricultural Development Company (TADAWUL:6010)?
Nov 27Financial Position Analysis
Short Term Liabilities: 6010's short term assets (SAR2.4B) exceed its short term liabilities (SAR1.2B).
Long Term Liabilities: 6010's short term assets (SAR2.4B) exceed its long term liabilities (SAR284.5M).
Debt to Equity History and Analysis
Debt Level: 6010 has more cash than its total debt.
Reducing Debt: 6010's debt to equity ratio has reduced from 126.8% to 10.5% over the past 5 years.
Debt Coverage: 6010's debt is well covered by operating cash flow (173.9%).
Interest Coverage: 6010's interest payments on its debt are well covered by EBIT (6.5x coverage).