Ash-Sharqiyah Development Balance Sheet Health
Financial Health criteria checks 6/6
Ash-Sharqiyah Development has a total shareholder equity of SAR365.9M and total debt of SAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SAR395.1M and SAR29.2M respectively.
Key information
0%
Debt to equity ratio
ر.س0
Debt
Interest coverage ratio | n/a |
Cash | ر.س203.38m |
Equity | ر.س365.86m |
Total liabilities | ر.س29.23m |
Total assets | ر.س395.08m |
Financial Position Analysis
Short Term Liabilities: 6060's short term assets (SAR204.8M) exceed its short term liabilities (SAR28.2M).
Long Term Liabilities: 6060's short term assets (SAR204.8M) exceed its long term liabilities (SAR1.0M).
Debt to Equity History and Analysis
Debt Level: 6060 is debt free.
Reducing Debt: 6060 has no debt compared to 5 years ago when its debt to equity ratio was 2.3%.
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: 6060 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 6060 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 13.8% each year