Saudi Steel Pipes Balance Sheet Health
Financial Health criteria checks 6/6
Saudi Steel Pipes has a total shareholder equity of SAR1.1B and total debt of SAR368.5M, which brings its debt-to-equity ratio to 34.5%. Its total assets and total liabilities are SAR1.8B and SAR688.8M respectively. Saudi Steel Pipes's EBIT is SAR350.1M making its interest coverage ratio 10.3. It has cash and short-term investments of SAR104.1M.
Key information
34.5%
Debt to equity ratio
ر.س368.48m
Debt
| Interest coverage ratio | 10.3x |
| Cash | ر.س104.10m |
| Equity | ر.س1.07b |
| Total liabilities | ر.س688.78m |
| Total assets | ر.س1.76b |
Recent financial health updates
No updates
Recent updates
The Trend Of High Returns At Saudi Steel Pipes (TADAWUL:1320) Has Us Very Interested
Sep 07
There Is A Reason Saudi Steel Pipes Company's (TADAWUL:1320) Price Is Undemanding
Jul 03Saudi Steel Pipes Company's (TADAWUL:1320) 145% Share Price Surge Not Quite Adding Up
Mar 18Saudi Steel Pipes' (TADAWUL:1320) Performance Is Even Better Than Its Earnings Suggest
Mar 12The Market Doesn't Like What It Sees From Saudi Steel Pipes Company's (TADAWUL:1320) Earnings Yet
Feb 02Saudi Steel Pipes Company (TADAWUL:1320) Stock Catapults 28% Though Its Price And Business Still Lag The Market
Aug 25Saudi Steel Pipes (TADAWUL:1320) Is Experiencing Growth In Returns On Capital
Aug 07Saudi Steel Pipes (TADAWUL:1320) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 18We Like These Underlying Return On Capital Trends At Saudi Steel Pipes (TADAWUL:1320)
Jun 16What Type Of Shareholders Own The Most Number of Saudi Steel Pipes Company (TADAWUL:1320) Shares?
Jan 22If You Had Bought Saudi Steel Pipes (TADAWUL:1320) Shares Three Years Ago You'd Have Earned 83% Returns
Nov 30Financial Position Analysis
Short Term Liabilities: 1320's short term assets (SAR700.9M) exceed its short term liabilities (SAR582.9M).
Long Term Liabilities: 1320's short term assets (SAR700.9M) exceed its long term liabilities (SAR105.9M).
Debt to Equity History and Analysis
Debt Level: 1320's net debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: 1320's debt to equity ratio has reduced from 54% to 34.5% over the past 5 years.
Debt Coverage: 1320's debt is well covered by operating cash flow (95.5%).
Interest Coverage: 1320's interest payments on its debt are well covered by EBIT (10.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 19:11 |
| End of Day Share Price | 2024/12/24 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 Steel Pipes Company is covered by 6 analysts. 2 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 |
|---|---|
| Kais Kriaa | AlphaMena |
| Tarek El-Shawarby | EFG-Hermes Research |
| Eyad Faraj | Goldman Sachs |