Qomel Balance Sheet Health
Financial Health criteria checks 4/6
Qomel has a total shareholder equity of SAR94.1M and total debt of SAR36.3M, which brings its debt-to-equity ratio to 38.6%. Its total assets and total liabilities are SAR163.8M and SAR69.7M respectively. Qomel's EBIT is SAR26.0M making its interest coverage ratio 19.7. It has cash and short-term investments of SAR13.1M.
Key information
38.6%
Debt to equity ratio
ر.س36.33m
Debt
| Interest coverage ratio | 19.7x |
| Cash | ر.س13.12m |
| Equity | ر.س94.11m |
| Total liabilities | ر.س69.69m |
| Total assets | ر.س163.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9600's short term assets (SAR145.2M) exceed its short term liabilities (SAR66.9M).
Long Term Liabilities: 9600's short term assets (SAR145.2M) exceed its long term liabilities (SAR2.7M).
Debt to Equity History and Analysis
Debt Level: 9600's net debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 9600's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9600's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9600's interest payments on its debt are well covered by EBIT (19.7x coverage).