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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 01:59 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
The National Agricultural Development Company is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sultan Alhudaif | Al Rajhi Capital |
| Muhammad Saad | Al Rajhi Capital |
| Ingy EL Diwany | Beltone Financial |