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 SAR110.6M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are SAR1.4B and SAR264.9M respectively. Al Masane Al Kobra Mining's EBIT is SAR35.4M making its interest coverage ratio 7.6. It has cash and short-term investments of SAR13.5M.
Key information
9.5%
Debt to equity ratio
ر.س110.56m
Debt
Interest coverage ratio | 7.6x |
Cash | ر.س13.53m |
Equity | ر.س1.17b |
Total liabilities | ر.س264.93m |
Total assets | ر.س1.43b |
Recent financial health updates
No updates
Recent updates
Al 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 (SAR337.7M) exceed its short term liabilities (SAR174.6M).
Long Term Liabilities: 1322's short term assets (SAR337.7M) exceed its long term liabilities (SAR90.4M).
Debt to Equity History and Analysis
Debt Level: 1322's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: 1322's debt to equity ratio has reduced from 49.8% to 9.5% over the past 5 years.
Debt Coverage: 1322's debt is well covered by operating cash flow (274.6%).
Interest Coverage: 1322's interest payments on its debt are well covered by EBIT (7.6x coverage).