Ash-Sharqiyah Development Balance Sheet Health
Financial Health criteria checks 4/6
Ash-Sharqiyah Development has a total shareholder equity of SAR368.6M and total debt of SAR5.3M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are SAR407.7M and SAR39.0M respectively.
Key information
1.4%
Debt to equity ratio
ر.س5.27m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.س186.51m |
| Equity | ر.س368.64m |
| Total liabilities | ر.س39.03m |
| Total assets | ر.س407.67m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 6060's short term assets (SAR217.7M) exceed its short term liabilities (SAR38.1M).
Long Term Liabilities: 6060's short term assets (SAR217.7M) exceed its long term liabilities (SAR884.1K).
Debt to Equity History and Analysis
Debt Level: 6060 has more cash than its total debt.
Reducing Debt: 6060's debt to equity ratio has reduced from 4.7% to 1.4% over the past 5 years.
Debt Coverage: 6060's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 6060's interest payments on its debt are well covered by EBIT.