National Company for Glass Industries Balance Sheet Health
Financial Health criteria checks 6/6
National Company for Glass Industries has a total shareholder equity of SAR760.3M and total debt of SAR14.5M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are SAR840.6M and SAR80.4M respectively. National Company for Glass Industries's EBIT is SAR13.5M making its interest coverage ratio 12.8. It has cash and short-term investments of SAR23.1M.
Key information
1.9%
Debt to equity ratio
ر.س14.54m
Debt
| Interest coverage ratio | 12.8x |
| Cash | ر.س23.12m |
| Equity | ر.س760.25m |
| Total liabilities | ر.س80.36m |
| Total assets | ر.س840.61m |
Recent financial health updates
No updates
Recent updates
Does National Company for Glass Industries (TADAWUL:2150) Deserve A Spot On Your Watchlist?
Jul 31
National Company for Glass Industries' (TADAWUL:2150) Earnings Are Of Questionable Quality
May 04Is National Company for Glass Industries' (TADAWUL:2150) 135% Share Price Increase Well Justified?
Feb 18
How Does The National Company for Glass Industries (TADAWUL:2150) Fare As A Dividend Stock?
Dec 28Financial Position Analysis
Short Term Liabilities: 2150's short term assets (SAR100.7M) exceed its short term liabilities (SAR59.0M).
Long Term Liabilities: 2150's short term assets (SAR100.7M) exceed its long term liabilities (SAR21.3M).
Debt to Equity History and Analysis
Debt Level: 2150 has more cash than its total debt.
Reducing Debt: 2150's debt to equity ratio has reduced from 14.5% to 1.9% over the past 5 years.
Debt Coverage: 2150's debt is well covered by operating cash flow (388.8%).
Interest Coverage: 2150's interest payments on its debt are well covered by EBIT (12.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 19:06 |
| End of Day Share Price | 2024/12/26 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
The National Company for Glass Industries is covered by 0 analysts. 0 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 |
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