Basic Chemical Industries Balance Sheet Health
Financial Health criteria checks 4/6
Basic Chemical Industries has a total shareholder equity of SAR674.2M and total debt of SAR309.7M, which brings its debt-to-equity ratio to 45.9%. Its total assets and total liabilities are SAR1.3B and SAR577.2M respectively. Basic Chemical Industries's EBIT is SAR76.7M making its interest coverage ratio 3.2. It has cash and short-term investments of SAR89.5M.
Key information
45.9%
Debt to equity ratio
ر.س309.67m
Debt
| Interest coverage ratio | 3.2x |
| Cash | ر.س89.52m |
| Equity | ر.س674.16m |
| Total liabilities | ر.س577.23m |
| Total assets | ر.س1.25b |
Recent financial health updates
No updates
Recent updates
Be Wary Of Basic Chemical Industries (TADAWUL:1210) And Its Returns On Capital
Apr 19
We Think That There Are More Issues For Basic Chemical Industries (TADAWUL:1210) Than Just Sluggish Earnings
Aug 30Returns At Basic Chemical Industries (TADAWUL:1210) Are On The Way Up
Mar 24Is Basic Chemical Industries Company (TADAWUL:1210) A Great Dividend Stock?
Mar 07Has Basic Chemical Industries Company (TADAWUL:1210) Stock's Recent Performance Got Anything to Do With Its Financial Health?
Feb 16Shareholders Of Basic Chemical Industries (TADAWUL:1210) Must Be Happy With Their 108% Total Return
Jan 29
What Kind Of Shareholders Hold The Majority In Basic Chemical Industries Company's (TADAWUL:1210) Shares?
Jan 11Will The ROCE Trend At Basic Chemical Industries (TADAWUL:1210) Continue?
Dec 24Would Basic Chemical Industries Company (TADAWUL:1210) Be Valuable To Income Investors?
Dec 05Financial Position Analysis
Short Term Liabilities: 1210's short term assets (SAR391.7M) exceed its short term liabilities (SAR181.1M).
Long Term Liabilities: 1210's short term assets (SAR391.7M) do not cover its long term liabilities (SAR396.1M).
Debt to Equity History and Analysis
Debt Level: 1210's net debt to equity ratio (32.7%) is considered satisfactory.
Reducing Debt: 1210's debt to equity ratio has increased from 0% to 45.9% over the past 5 years.
Debt Coverage: 1210's debt is well covered by operating cash flow (36%).
Interest Coverage: 1210's interest payments on its debt are well covered by EBIT (3.2x coverage).