National Agricultural Development Balance Sheet Health
Financial Health criteria checks 6/6
National Agricultural Development has a total shareholder equity of SAR3.9B and total debt of SAR421.7M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are SAR5.7B and SAR1.8B respectively. National Agricultural Development's EBIT is SAR473.2M making its interest coverage ratio -16. It has cash and short-term investments of SAR1.7B.
Key information
10.8%
Debt to equity ratio
ر.س421.75m
Debt
| Interest coverage ratio | -16x |
| Cash | ر.س1.74b |
| Equity | ر.س3.92b |
| Total liabilities | ر.س1.78b |
| Total assets | ر.س5.70b |
Recent financial health updates
No updates
Recent updates
National Agricultural Development's (TADAWUL:6010) Earnings Are Of Questionable Quality
Nov 03
The Market Doesn't Like What It Sees From The National Agricultural Development Company's (TADAWUL:6010) Earnings Yet
Aug 30The Market Lifts The National Agricultural Development Company (TADAWUL:6010) Shares 29% But It Can Do More
Dec 29Why 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 (SAR3.1B) exceed its short term liabilities (SAR1.5B).
Long Term Liabilities: 6010's short term assets (SAR3.1B) exceed its long term liabilities (SAR237.8M).
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 115.6% to 10.8% over the past 5 years.
Debt Coverage: 6010's debt is well covered by operating cash flow (174.1%).
Interest Coverage: 6010 earns more interest than it pays, so coverage of interest payments is not a concern.