Nofoth Food Products Balance Sheet Health
Financial Health criteria checks 6/6
Nofoth Food Products has a total shareholder equity of SAR118.0M and total debt of SAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SAR195.8M and SAR77.8M respectively. Nofoth Food Products's EBIT is SAR45.9M making its interest coverage ratio -23.7. It has cash and short-term investments of SAR84.7M.
Key information
0%
Debt to equity ratio
ر.س0
Debt
| Interest coverage ratio | -23.7x |
| Cash | ر.س84.72m |
| Equity | ر.س117.99m |
| Total liabilities | ر.س77.83m |
| Total assets | ر.س195.81m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9556's short term assets (SAR119.3M) exceed its short term liabilities (SAR56.3M).
Long Term Liabilities: 9556's short term assets (SAR119.3M) exceed its long term liabilities (SAR21.5M).
Debt to Equity History and Analysis
Debt Level: 9556 is debt free.
Reducing Debt: 9556 had no debt 5 years ago.
Debt Coverage: 9556 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 9556 has no debt, therefore coverage of interest payments is not a concern.