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
Investors Can Find Comfort In Saudi Basic Industries' (TADAWUL:2010) Earnings Quality
Nov 19
Saudi 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 03Saudi Basic Industries (TADAWUL:2010) Is Finding It Tricky To Allocate Its Capital
Oct 29Saudi Basic Industries' (TADAWUL:2010) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 28Saudi Basic Industries' (TADAWUL:2010) Dividend Is Being Reduced To SAR1.80
Aug 12Is Saudi Basic Industries Corporation (TADAWUL:2010) Expensive For A Reason? A Look At Its Intrinsic Value
Jul 23Saudi Basic Industries (TADAWUL:2010) Will Pay A Smaller Dividend Than Last Year
Jul 02Saudi Basic Industries (TADAWUL:2010) Will Pay A Smaller Dividend Than Last Year
Jun 18The Returns On Capital At Saudi Basic Industries (TADAWUL:2010) Don't Inspire Confidence
Apr 03Calculating The Fair Value Of Saudi Basic Industries Corporation (TADAWUL:2010)
Feb 02Here's What To Make Of Saudi Basic Industries' (TADAWUL:2010) Decelerating Rates Of Return
Dec 21An Intrinsic Calculation For Saudi Basic Industries Corporation (TADAWUL:2010) Suggests It's 29% Undervalued
Oct 20Saudi Basic Industries' (TADAWUL:2010) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 22Saudi Basic Industries Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Aug 20Saudi Basic Industries (TADAWUL:2010) Is Increasing Its Dividend To SAR2.25
Aug 08The Returns At Saudi Basic Industries (TADAWUL:2010) Aren't Growing
Aug 05Saudi Basic Industries Corporation's (TADAWUL:2010) Business And Shares Still Trailing The Market
Jul 15Saudi Basic Industries (TADAWUL:2010) Is Increasing Its Dividend To ر.س2.25
Jun 23Are Investors Undervaluing Saudi Basic Industries Corporation (TADAWUL:2010) By 35%?
Jun 17Financial 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).