Al Gassim Investment Holding Balance Sheet Health
Financial Health criteria checks 5/6
Al Gassim Investment Holding has a total shareholder equity of SAR292.8M and total debt of SAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SAR433.0M and SAR140.2M respectively. Al Gassim Investment Holding's EBIT is SAR2.7M making its interest coverage ratio -1.2. It has cash and short-term investments of SAR51.6M.
Key information
0%
Debt to equity ratio
ر.س0
Debt
| Interest coverage ratio | -1.2x |
| Cash | ر.س51.63m |
| Equity | ر.س292.77m |
| Total liabilities | ر.س140.20m |
| Total assets | ر.س432.97m |
Recent financial health updates
No updates
Recent updates
Al Gassim Investment Holding (TADAWUL:6020) Shareholders Will Want The ROCE Trajectory To Continue
Jan 23
Al Gassim Investment Holding (TADAWUL:6020) Is Doing The Right Things To Multiply Its Share Price
Apr 29Can You Imagine How Jubilant Al Gassim Investment Holding's (TADAWUL:6020) Shareholders Feel About Its 173% Share Price Gain?
Feb 24What We Make Of Al Gassim Investment Holding's (TADAWUL:6020) Returns On Capital
Dec 29Financial Position Analysis
Short Term Liabilities: 6020's short term assets (SAR61.3M) do not cover its short term liabilities (SAR81.3M).
Long Term Liabilities: 6020's short term assets (SAR61.3M) exceed its long term liabilities (SAR58.9M).
Debt to Equity History and Analysis
Debt Level: 6020 is debt free.
Reducing Debt: 6020 has not had any debt for past 5 years.
Debt Coverage: 6020 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6020 has no debt, therefore coverage of interest payments is not a concern.