Balady Poultry Balance Sheet Health
Financial Health criteria checks 5/6
Balady Poultry has a total shareholder equity of SAR181.7M and total debt of SAR10.9M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are SAR224.5M and SAR42.8M respectively. Balady Poultry's EBIT is SAR74.8M making its interest coverage ratio 231.7. It has cash and short-term investments of SAR44.0M.
Key information
6.0%
Debt to equity ratio
ر.س10.94m
Debt
| Interest coverage ratio | 231.7x |
| Cash | ر.س43.96m |
| Equity | ر.س181.68m |
| Total liabilities | ر.س42.85m |
| Total assets | ر.س224.52m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9559's short term assets (SAR136.1M) exceed its short term liabilities (SAR26.3M).
Long Term Liabilities: 9559's short term assets (SAR136.1M) exceed its long term liabilities (SAR16.5M).
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 (701.3%).
Interest Coverage: 9559's interest payments on its debt are well covered by EBIT (231.7x coverage).