Saudi Arabian Mining Company (Ma'aden) Balance Sheet Health
Financial Health criteria checks 4/6
Saudi Arabian Mining Company (Ma'aden) has a total shareholder equity of SAR56.8B and total debt of SAR37.3B, which brings its debt-to-equity ratio to 65.7%. Its total assets and total liabilities are SAR111.9B and SAR55.1B respectively. Saudi Arabian Mining Company (Ma'aden)'s EBIT is SAR3.7B making its interest coverage ratio 2.7. It has cash and short-term investments of SAR15.6B.
Key information
65.7%
Debt to equity ratio
ر.س37.31b
Debt
| Interest coverage ratio | 2.7x |
| Cash | ر.س15.62b |
| Equity | ر.س56.82b |
| Total liabilities | ر.س55.06b |
| Total assets | ر.س111.87b |
Recent financial health updates
No updates
Recent updates
Return Trends At Saudi Arabian Mining Company (Ma'aden) (TADAWUL:1211) Aren't Appealing
May 01
Some Shareholders Feeling Restless Over Saudi Arabian Mining Company (Ma'aden)'s (TADAWUL:1211) P/S Ratio
Apr 04Saudi Arabian Mining Company (Ma'aden) (TADAWUL:1211) Has Some Way To Go To Become A Multi-Bagger
Jan 14Pinning Down Saudi Arabian Mining Company (Ma'aden)'s (TADAWUL:1211) P/S Is Difficult Right Now
Dec 18Returns Are Gaining Momentum At Saudi Arabian Mining Company (Ma'aden) (TADAWUL:1211)
Sep 22Estimating The Intrinsic Value Of Saudi Arabian Mining Company (Ma'aden) (TADAWUL:1211)
Aug 07Saudi Arabian Mining Company (Ma'aden) (TADAWUL:1211) Is Experiencing Growth In Returns On Capital
Jun 24Saudi Arabian Mining Company (Ma'aden)'s (TADAWUL:1211) Intrinsic Value Is Potentially 20% Below Its Share Price
May 09Returns On Capital Are Showing Encouraging Signs At Saudi Arabian Mining Company (Ma'aden) (TADAWUL:1211)
Mar 26Are Saudi Arabian Mining Company (Ma'aden) (TADAWUL:1211) Investors Paying Above The Intrinsic Value?
Feb 06Saudi Arabian Mining Company (Ma'aden) (TADAWUL:1211) Shareholders Will Want The ROCE Trajectory To Continue
Dec 26Returns Are Gaining Momentum At Saudi Arabian Mining Company (Ma'aden) (TADAWUL:1211)
Sep 26Is Saudi Arabian Mining Company (Ma'aden) (TADAWUL:1211) Worth ر.س73.5 Based On Its Intrinsic Value?
Sep 04Saudi Arabian Mining Company (Ma'aden)'s (TADAWUL:1211) Price Is Right But Growth Is Lacking After Shares Rocket 55%
Aug 14Analyst Forecasts For Saudi Arabian Mining Company (Ma'aden) (TADAWUL:1211) Are Surging Higher
Jun 09Investors Will Want Saudi Arabian Mining Company (Ma'aden)'s (TADAWUL:1211) Growth In ROCE To Persist
May 25Analysts' Revenue Estimates For Saudi Arabian Mining Company (Ma'aden) (TADAWUL:1211) Are Surging Higher
Mar 31Estimating The Intrinsic Value Of Saudi Arabian Mining Company (Ma'aden) (TADAWUL:1211)
Mar 16We Like These Underlying Return On Capital Trends At Saudi Arabian Mining Company (Ma'aden) (TADAWUL:1211)
Feb 14Saudi Arabian Mining Company (Ma'aden) (TADAWUL:1211) Might Have The Makings Of A Multi-Bagger
Nov 01Investors Will Want Saudi Arabian Mining Company (Ma'aden)'s (TADAWUL:1211) Growth In ROCE To Persist
Jul 19These Return Metrics Don't Make Saudi Arabian Mining Company (Ma'aden) (TADAWUL:1211) Look Too Strong
Apr 02A Look At The Intrinsic Value Of Saudi Arabian Mining Company (Ma'aden) (TADAWUL:1211)
Feb 04
Saudi Arabian Mining Company (Ma'aden) (TADAWUL:1211) Shareholders Booked A 51% Gain In The Last Five Years
Jan 03Financial Position Analysis
Short Term Liabilities: 1211's short term assets (SAR29.2B) exceed its short term liabilities (SAR14.7B).
Long Term Liabilities: 1211's short term assets (SAR29.2B) do not cover its long term liabilities (SAR40.3B).
Debt to Equity History and Analysis
Debt Level: 1211's net debt to equity ratio (38.2%) is considered satisfactory.
Reducing Debt: 1211's debt to equity ratio has reduced from 150.1% to 65.7% over the past 5 years.
Debt Coverage: 1211's debt is well covered by operating cash flow (20.2%).
Interest Coverage: 1211's interest payments on its debt are not well covered by EBIT (2.7x coverage).