Al Masane Al Kobra Mining Company

SASE:1322 Stock Report

Market Cap: ر.س6.6b

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 SAR112.8M, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are SAR1.5B and SAR287.1M respectively. Al Masane Al Kobra Mining's EBIT is SAR90.0M making its interest coverage ratio 30.6. It has cash and short-term investments of SAR17.8M.

Key information

9.1%

Debt to equity ratio

ر.س112.82m

Debt

Interest coverage ratio30.6x
Cashر.س17.81m
Equityر.س1.24b
Total liabilitiesر.س287.05m
Total assetsر.س1.53b

Recent financial health updates

No updates

Recent updates

Earnings Tell The Story For Al Masane Al Kobra Mining Company (TADAWUL:1322)

Oct 03
Earnings Tell The Story For Al Masane Al Kobra Mining Company (TADAWUL:1322)

Al Masane Al Kobra Mining (TADAWUL:1322) Shareholders Will Want The ROCE Trajectory To Continue

Apr 16
Al Masane Al Kobra Mining (TADAWUL:1322) Shareholders Will Want The ROCE Trajectory To Continue

Al Masane Al Kobra Mining Company's (TADAWUL:1322) Earnings Haven't Escaped The Attention Of Investors

Mar 18
Al Masane Al Kobra Mining Company's (TADAWUL:1322) Earnings Haven't Escaped The Attention Of Investors

Returns On Capital Are Showing Encouraging Signs At Al Masane Al Kobra Mining (TADAWUL:1322)

Dec 29
Returns On Capital Are Showing Encouraging Signs At Al Masane Al Kobra Mining (TADAWUL:1322)

Al Masane Al Kobra Mining's (TADAWUL:1322) Returns On Capital Are Heading Higher

Jul 05
Al Masane Al Kobra Mining's (TADAWUL:1322) Returns On Capital Are Heading Higher

Financial Position Analysis

Short Term Liabilities: 1322's short term assets (SAR410.5M) exceed its short term liabilities (SAR204.4M).

Long Term Liabilities: 1322's short term assets (SAR410.5M) exceed its long term liabilities (SAR82.7M).


Debt to Equity History and Analysis

Debt Level: 1322's net debt to equity ratio (7.7%) is considered satisfactory.

Reducing Debt: 1322's debt to equity ratio has reduced from 53.1% to 9.1% over the past 5 years.

Debt Coverage: 1322's debt is well covered by operating cash flow (262.4%).

Interest Coverage: 1322's interest payments on its debt are well covered by EBIT (30.6x coverage).


Balance Sheet


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