Saudi Basic Industries Balance Sheet Health
Financial Health criteria checks 6/6
Saudi Basic Industries has a total shareholder equity of SAR193.1B and total debt of SAR34.9B, which brings its debt-to-equity ratio to 18.1%. Its total assets and total liabilities are SAR281.0B and SAR87.9B respectively. Saudi Basic Industries's EBIT is SAR5.1B making its interest coverage ratio 13.6. It has cash and short-term investments of SAR34.5B.
Key information
18.1%
Debt to equity ratio
ر.س34.89b
Debt
| Interest coverage ratio | 13.6x |
| Cash | ر.س34.47b |
| Equity | ر.س193.09b |
| Total liabilities | ر.س87.93b |
| Total assets | ر.س281.02b |
Recent financial health updates
No updates
Recent updates
Saudi Basic Industries Corporation's (TADAWUL:2010) P/S Still Appears To Be Reasonable
Dec 17
Investors Can Find Comfort In Saudi Basic Industries' (TADAWUL:2010) Earnings Quality
Nov 19Saudi Basic Industries (TADAWUL:2010) May Have Issues Allocating Its Capital
Oct 23The Price Is Right For Saudi Basic Industries Corporation (TADAWUL:2010)
Jul 01Some May Be Optimistic About Saudi Basic Industries' (TADAWUL:2010) Earnings
Mar 14Some Investors May Be Worried About Saudi Basic Industries' (TADAWUL:2010) Returns On Capital
Mar 07Unpleasant Surprises Could Be In Store For Saudi Basic Industries Corporation's (TADAWUL:2010) Shares
Feb 03Financial Position Analysis
Short Term Liabilities: 2010's short term assets (SAR89.2B) exceed its short term liabilities (SAR39.2B).
Long Term Liabilities: 2010's short term assets (SAR89.2B) exceed its long term liabilities (SAR48.7B).
Debt to Equity History and Analysis
Debt Level: 2010's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: 2010's debt to equity ratio has reduced from 22.8% to 18.1% over the past 5 years.
Debt Coverage: 2010's debt is well covered by operating cash flow (47.2%).
Interest Coverage: 2010's interest payments on its debt are well covered by EBIT (13.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 13:26 |
| End of Day Share Price | 2024/12/19 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 Basic Industries Corporation is covered by 30 analysts. 10 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 |
|---|---|
| null null | Alembic Global Advisors |
| Talha Nazar ul Haque | Aljazira Capital Company |
| Kais Kriaa | AlphaMena |