Saudi Chemical Holding Balance Sheet Health
Financial Health criteria checks 5/6
Saudi Chemical Holding has a total shareholder equity of SAR1.8B and total debt of SAR1.2B, which brings its debt-to-equity ratio to 66.9%. Its total assets and total liabilities are SAR4.9B and SAR3.1B respectively. Saudi Chemical Holding's EBIT is SAR315.1M making its interest coverage ratio 3.4. It has cash and short-term investments of SAR134.1M.
Key information
66.9%
Debt to equity ratio
ر.س1.21b
Debt
| Interest coverage ratio | 3.4x |
| Cash | ر.س134.11m |
| Equity | ر.س1.81b |
| Total liabilities | ر.س3.10b |
| Total assets | ر.س4.91b |
Recent financial health updates
No updates
Recent updates
With EPS Growth And More, Saudi Chemical Holding (TADAWUL:2230) Makes An Interesting Case
Mar 06
Saudi Chemical Holding Company's (TADAWUL:2230) 26% Jump Shows Its Popularity With Investors
Feb 10Saudi Chemical Holding (TADAWUL:2230) Is Reinvesting At Lower Rates Of Return
Oct 31Here's Why We Think Saudi Chemical Holding (TADAWUL:2230) Might Deserve Your Attention Today
Jul 06Saudi Chemical Holding (TADAWUL:2230) Is Due To Pay A Dividend Of SAR0.50
Jan 09Saudi Chemical Holding (TADAWUL:2230) Has Affirmed Its Dividend Of SAR0.50
Dec 22Here's What's Concerning About Saudi Chemical Holding's (TADAWUL:2230) Returns On Capital
Sep 14Saudi Chemical Holding (TADAWUL:2230) Will Be Hoping To Turn Its Returns On Capital Around
Dec 06Does It Make Sense To Buy Saudi Chemical Holding Company (TADAWUL:2230) For Its Yield?
Apr 19Here's What's Concerning About Saudi Chemical's (TADAWUL:2230) Returns On Capital
Mar 29Is Saudi Chemical Company's (TADAWUL:2230) 2.8% ROE Worse Than Average?
Mar 01Does Saudi Chemical's (TADAWUL:2230) Share Price Gain of 41% Match Its Business Performance?
Feb 01
How Has Saudi Chemical (TADAWUL:2230) Allocated Its Capital?
Dec 28Should You Be Concerned About Saudi Chemical Company's (TADAWUL:2230) ROE?
Nov 30Financial Position Analysis
Short Term Liabilities: 2230's short term assets (SAR3.1B) exceed its short term liabilities (SAR2.4B).
Long Term Liabilities: 2230's short term assets (SAR3.1B) exceed its long term liabilities (SAR713.4M).
Debt to Equity History and Analysis
Debt Level: 2230's net debt to equity ratio (59.5%) is considered high.
Reducing Debt: 2230's debt to equity ratio has reduced from 77.1% to 66.9% over the past 5 years.
Debt Coverage: 2230's debt is well covered by operating cash flow (35.8%).
Interest Coverage: 2230's interest payments on its debt are well covered by EBIT (3.4x coverage).