Al Masane Al Kobra Mining Balance Sheet Health
Financial Health criteria checks 6/6
Al Masane Al Kobra Mining has a total shareholder equity of SAR1.2B and total debt of SAR52.1M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are SAR1.5B and SAR323.4M respectively. Al Masane Al Kobra Mining's EBIT is SAR150.8M making its interest coverage ratio 42.8. It has cash and short-term investments of SAR23.7M.
Key information
4.3%
Debt to equity ratio
ر.س52.13m
Debt
| Interest coverage ratio | 42.8x |
| Cash | ر.س23.74m |
| Equity | ر.س1.22b |
| Total liabilities | ر.س323.40m |
| Total assets | ر.س1.54b |
Recent financial health updates
No updates
Recent updates
Returns On Capital Are Showing Encouraging Signs At Al Masane Al Kobra Mining (TADAWUL:1322)
Dec 17
Earnings Tell The Story For Al Masane Al Kobra Mining Company (TADAWUL:1322)
Oct 03Al Masane Al Kobra Mining (TADAWUL:1322) Shareholders Will Want The ROCE Trajectory To Continue
Apr 16Al Masane Al Kobra Mining Company's (TADAWUL:1322) Earnings Haven't Escaped The Attention Of Investors
Mar 18Returns On Capital Are Showing Encouraging Signs At Al Masane Al Kobra Mining (TADAWUL:1322)
Dec 29Al Masane Al Kobra Mining's (TADAWUL:1322) Returns On Capital Are Heading Higher
Jul 05Financial Position Analysis
Short Term Liabilities: 1322's short term assets (SAR419.8M) exceed its short term liabilities (SAR237.8M).
Long Term Liabilities: 1322's short term assets (SAR419.8M) exceed its long term liabilities (SAR85.6M).
Debt to Equity History and Analysis
Debt Level: 1322's net debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: 1322's debt to equity ratio has reduced from 62.8% to 4.3% over the past 5 years.
Debt Coverage: 1322's debt is well covered by operating cash flow (542.5%).
Interest Coverage: 1322's interest payments on its debt are well covered by EBIT (42.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:45 |
| End of Day Share Price | 2024/12/22 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
Al Masane Al Kobra Mining Company is covered by 2 analysts. 1 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 |
|---|---|
| Mazen Al-Sudairi | Al Rajhi Capital |
| Madhu Appissa | Al Rajhi Capital |