Horizon Food Balance Sheet Health
Financial Health criteria checks 6/6
Horizon Food has a total shareholder equity of SAR93.1M and total debt of SAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SAR101.0M and SAR8.0M respectively. Horizon Food's EBIT is SAR9.1M making its interest coverage ratio 1357.2. It has cash and short-term investments of SAR2.1M.
Key information
0%
Debt to equity ratio
ر.س0
Debt
| Interest coverage ratio | 1357.2x |
| Cash | ر.س2.11m |
| Equity | ر.س93.05m |
| Total liabilities | ر.س7.98m |
| Total assets | ر.س101.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9564's short term assets (SAR20.3M) exceed its short term liabilities (SAR6.7M).
Long Term Liabilities: 9564's short term assets (SAR20.3M) exceed its long term liabilities (SAR1.3M).
Debt to Equity History and Analysis
Debt Level: 9564 is debt free.
Reducing Debt: 9564 had no debt 5 years ago.
Debt Coverage: 9564 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 9564 has no debt, therefore coverage of interest payments is not a concern.