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 SAR721.6M and total debt of SAR12.4M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are SAR788.4M and SAR66.8M respectively. National Company for Glass Industries's EBIT is SAR37.6M making its interest coverage ratio 17. It has cash and short-term investments of SAR23.2M.
Key information
1.7%
Debt to equity ratio
ر.س12.40m
Debt
| Interest coverage ratio | 17x |
| Cash | ر.س23.25m |
| Equity | ر.س721.61m |
| Total liabilities | ر.س66.83m |
| Total assets | ر.س788.44m |
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 (SAR108.0M) exceed its short term liabilities (SAR54.3M).
Long Term Liabilities: 2150's short term assets (SAR108.0M) exceed its long term liabilities (SAR12.5M).
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 13.8% to 1.7% over the past 5 years.
Debt Coverage: 2150's debt is well covered by operating cash flow (383.6%).
Interest Coverage: 2150's interest payments on its debt are well covered by EBIT (17x coverage).