Saudi Basic Industries Balance Sheet Health
Financial Health criteria checks 6/6
Saudi Basic Industries has a total shareholder equity of SAR183.2B and total debt of SAR37.7B, which brings its debt-to-equity ratio to 20.6%. Its total assets and total liabilities are SAR271.9B and SAR88.7B respectively. Saudi Basic Industries's EBIT is SAR4.2B making its interest coverage ratio -5.5. It has cash and short-term investments of SAR36.9B.
Key information
20.59%
Debt to equity ratio
ر.س37.73b
Debt
| Interest coverage ratio | -5.5x |
| Cash | ر.س36.85b |
| Equity | ر.س183.22b |
| Total liabilities | ر.س88.71b |
| Total assets | ر.س271.93b |
Recent financial health updates
No updates
Recent updates
Some May Be Optimistic About Saudi Basic Industries' (TADAWUL:2010) Earnings
May 21
Saudi Basic Industries' (TADAWUL:2010) Returns On Capital Not Reflecting Well On The Business
Feb 10Saudi Basic Industries Corporation's (TADAWUL:2010) P/S Still Appears To Be Reasonable
Dec 17Investors Can Find Comfort In Saudi Basic Industries' (TADAWUL:2010) Earnings Quality
Nov 19
SABIC's Decisive Focus On Innovation & Sustainability Poised To Boost Long-Term Growth
SABIC's portfolio optimization and asset divestment strategy aims to enhance capital efficiency and future net margins by investing in high-margin opportunities.Saudi Basic Industries (TADAWUL:2010) May Have Issues Allocating Its Capital
Oct 23The Price Is Right For Saudi Basic Industries Corporation (TADAWUL:2010)
Jul 01Financial Position Analysis
Short Term Liabilities: 2010's short term assets (SAR85.9B) exceed its short term liabilities (SAR36.2B).
Long Term Liabilities: 2010's short term assets (SAR85.9B) exceed its long term liabilities (SAR52.5B).
Debt to Equity History and Analysis
Debt Level: 2010's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: 2010's debt to equity ratio has reduced from 24.1% to 20.6% over the past 5 years.
Debt Coverage: 2010's debt is well covered by operating cash flow (37.9%).
Interest Coverage: 2010 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/20 03:23 |
| End of Day Share Price | 2025/05/20 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
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 Github.
Analyst Sources
Saudi Basic Industries Corporation is covered by 30 analysts. 11 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 |
| Jassim Al-Jubran | Aljazira Capital Company |
| Kais Kriaa | AlphaMena |