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 ratio | 180x |
Cash | ر.س384.61m |
Equity | ر.س371.09m |
Total liabilities | ر.س291.18m |
Total assets | ر.س662.27m |
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.