Jazan Energy and Development Balance Sheet Health
Financial Health criteria checks 3/6
Jazan Energy and Development has a total shareholder equity of SAR507.8M and total debt of SAR40.8M, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are SAR618.4M and SAR110.6M respectively.
Key information
8.0%
Debt to equity ratio
ر.س40.78m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.س16.77m |
| Equity | ر.س507.81m |
| Total liabilities | ر.س110.57m |
| Total assets | ر.س618.38m |
Recent financial health updates
No updates
Recent updates
Getting In Cheap On Jazan Energy and Development Company (TADAWUL:6090) Is Unlikely
Feb 12
Jazan Energy and Development's (TADAWUL:6090) Promising Earnings May Rest On Soft Foundations
Apr 06Should We Be Excited About The Trends Of Returns At Jazan Energy and Development (TADAWUL:6090)?
Feb 26The Jazan Energy and Development (TADAWUL:6090) Share Price Has Gained 53% And Shareholders Are Hoping For More
Jan 19
Does Jazan Energy and Development Co.'s (TADAWUL:6090) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
Dec 10Financial Position Analysis
Short Term Liabilities: 6090's short term assets (SAR126.5M) exceed its short term liabilities (SAR62.1M).
Long Term Liabilities: 6090's short term assets (SAR126.5M) exceed its long term liabilities (SAR48.4M).
Debt to Equity History and Analysis
Debt Level: 6090's net debt to equity ratio (4.7%) is considered satisfactory.
Reducing Debt: 6090's debt to equity ratio has increased from 4.3% to 8% over the past 5 years.
Debt Coverage: 6090's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 6090's interest payments on its debt are well covered by EBIT.