Balady Poultry Balance Sheet Health
Financial Health criteria checks 5/6
Balady Poultry has a total shareholder equity of SAR275.6M and total debt of SAR7.3M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are SAR316.4M and SAR40.8M respectively. Balady Poultry's EBIT is SAR123.3M making its interest coverage ratio 604.7. It has cash and short-term investments of SAR74.3M.
Key information
2.6%
Debt to equity ratio
ر.س7.30m
Debt
| Interest coverage ratio | 604.7x |
| Cash | ر.س74.30m |
| Equity | ر.س275.59m |
| Total liabilities | ر.س40.80m |
| Total assets | ر.س316.38m |
Recent financial health updates
No updates
Recent updates
Investors Should Be Encouraged By Balady Poultry's (TADAWUL:9559) Returns On Capital
Oct 31
Investors Shouldn't Overlook Balady Poultry's (TADAWUL:9559) Impressive Returns On Capital
Jul 29Balady Poultry (TADAWUL:9559) Ticks All The Boxes When It Comes To Earnings Growth
May 10Balady Poultry (TADAWUL:9559) Could Become A Multi-Bagger
Mar 18Financial Position Analysis
Short Term Liabilities: 9559's short term assets (SAR212.4M) exceed its short term liabilities (SAR30.4M).
Long Term Liabilities: 9559's short term assets (SAR212.4M) exceed its long term liabilities (SAR10.4M).
Debt to Equity History and Analysis
Debt Level: 9559 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 9559's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9559's debt is well covered by operating cash flow (1286.3%).
Interest Coverage: 9559's interest payments on its debt are well covered by EBIT (604.7x coverage).