Saudi Arabian Mining Company (Ma'aden) Balance Sheet Health
Financial Health criteria checks 5/6
Saudi Arabian Mining Company (Ma'aden) has a total shareholder equity of SAR59.9B and total debt of SAR36.9B, which brings its debt-to-equity ratio to 61.6%. Its total assets and total liabilities are SAR115.3B and SAR55.4B respectively. Saudi Arabian Mining Company (Ma'aden)'s EBIT is SAR6.5B making its interest coverage ratio 4.2. It has cash and short-term investments of SAR13.7B.
Key information
61.6%
Debt to equity ratio
ر.س36.88b
Debt
| Interest coverage ratio | 4.2x |
| Cash | ر.س13.73b |
| Equity | ر.س59.91b |
| Total liabilities | ر.س55.40b |
| Total assets | ر.س115.32b |
Recent financial health updates
No updates
Recent updates
Saudi Arabian Mining Company (Ma'aden) (TADAWUL:1211) Is Experiencing Growth In Returns On Capital
Nov 08
Earnings Tell The Story For Saudi Arabian Mining Company (Ma'aden) (TADAWUL:1211) As Its Stock Soars 25%
Oct 12Results: Saudi Arabian Mining Company (Ma'aden) Beat Earnings Expectations And Analysts Now Have New Forecasts
Aug 16Returns At Saudi Arabian Mining Company (Ma'aden) (TADAWUL:1211) Are On The Way Up
Aug 10Investors Interested In Saudi Arabian Mining Company (Ma'aden)'s (TADAWUL:1211) Earnings
Jul 14Return Trends At Saudi Arabian Mining Company (Ma'aden) (TADAWUL:1211) Aren't Appealing
May 01Some 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 14Financial Position Analysis
Short Term Liabilities: 1211's short term assets (SAR27.8B) exceed its short term liabilities (SAR18.2B).
Long Term Liabilities: 1211's short term assets (SAR27.8B) do not cover its long term liabilities (SAR37.2B).
Debt to Equity History and Analysis
Debt Level: 1211's net debt to equity ratio (38.6%) is considered satisfactory.
Reducing Debt: 1211's debt to equity ratio has reduced from 149.4% to 61.6% over the past 5 years.
Debt Coverage: 1211's debt is well covered by operating cash flow (22.3%).
Interest Coverage: 1211's interest payments on its debt are well covered by EBIT (4.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 03:48 |
| End of Day Share Price | 2025/01/09 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Saudi Arabian Mining Company (Ma'aden) is covered by 23 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jassim Al-Jubran | Aljazira Capital Company |
| Kais Kriaa | AlphaMena |
| Pritish Devassy | Al Rajhi Capital |