Lana Medical Balance Sheet Health
Financial Health criteria checks 5/6
Lana Medical has a total shareholder equity of SAR47.4M and total debt of SAR7.0M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are SAR63.2M and SAR15.8M respectively. Lana Medical's EBIT is SAR6.5M making its interest coverage ratio 33.2. It has cash and short-term investments of SAR3.3M.
Key information
14.8%
Debt to equity ratio
ر.س7.03m
Debt
Interest coverage ratio | 33.2x |
Cash | ر.س3.30m |
Equity | ر.س47.42m |
Total liabilities | ر.س15.79m |
Total assets | ر.س63.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9587's short term assets (SAR44.8M) exceed its short term liabilities (SAR8.1M).
Long Term Liabilities: 9587's short term assets (SAR44.8M) exceed its long term liabilities (SAR7.7M).
Debt to Equity History and Analysis
Debt Level: 9587's net debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 9587's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9587's debt is well covered by operating cash flow (77.5%).
Interest Coverage: 9587's interest payments on its debt are well covered by EBIT (33.2x coverage).