Saudi Chemical Holding Balance Sheet Health
Financial Health criteria checks 4/6
Saudi Chemical Holding has a total shareholder equity of SAR1.9B and total debt of SAR1.5B, which brings its debt-to-equity ratio to 78%. Its total assets and total liabilities are SAR5.6B and SAR3.7B respectively. Saudi Chemical Holding's EBIT is SAR364.5M making its interest coverage ratio 4. It has cash and short-term investments of SAR183.0M.
Key information
78.0%
Debt to equity ratio
ر.س1.48b
Debt
| Interest coverage ratio | 4x |
| Cash | ر.س183.04m |
| Equity | ر.س1.90b |
| Total liabilities | ر.س3.74b |
| Total assets | ر.س5.64b |
Recent financial health updates
No updates
Recent updates
Saudi Chemical Holding Company's (TADAWUL:2230) P/E Is On The Mark
May 28
Investors Met With Slowing Returns on Capital At Saudi Chemical Holding (TADAWUL:2230)
May 07With EPS Growth And More, Saudi Chemical Holding (TADAWUL:2230) Makes An Interesting Case
Mar 06Saudi 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 (SAR3.9B) exceed its short term liabilities (SAR3.0B).
Long Term Liabilities: 2230's short term assets (SAR3.9B) exceed its long term liabilities (SAR696.3M).
Debt to Equity History and Analysis
Debt Level: 2230's net debt to equity ratio (68.4%) is considered high.
Reducing Debt: 2230's debt to equity ratio has increased from 77.1% to 78% over the past 5 years.
Debt Coverage: 2230's debt is well covered by operating cash flow (22.2%).
Interest Coverage: 2230's interest payments on its debt are well covered by EBIT (4x coverage).