Rasan Information Technology Company

SASE:8313 Stock Report

Market Cap: ر.س6.0b

Rasan Information Technology Balance Sheet Health

Financial Health criteria checks 6/6

Rasan Information Technology has a total shareholder equity of SAR371.1M and total debt of SAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SAR662.3M and SAR291.2M respectively. Rasan Information Technology's EBIT is SAR69.1M making its interest coverage ratio 180. It has cash and short-term investments of SAR384.6M.

Key information

0%

Debt to equity ratio

ر.س0

Debt

Interest coverage ratio180x
Cashر.س384.61m
Equityر.س371.09m
Total liabilitiesر.س291.18m
Total assetsر.س662.27m

Recent financial health updates

No updates

Financial Position Analysis

Short Term Liabilities: 8313's short term assets (SAR586.6M) exceed its short term liabilities (SAR279.6M).

Long Term Liabilities: 8313's short term assets (SAR586.6M) exceed its long term liabilities (SAR11.5M).


Debt to Equity History and Analysis

Debt Level: 8313 is debt free.

Reducing Debt: 8313 had no debt 5 years ago.

Debt Coverage: 8313 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 8313 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies