Filling and Packing Materials Manufacturing Balance Sheet Health
Financial Health criteria checks 6/6
Filling and Packing Materials Manufacturing has a total shareholder equity of SAR147.1M and total debt of SAR58.9M, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are SAR288.5M and SAR141.4M respectively. Filling and Packing Materials Manufacturing's EBIT is SAR14.1M making its interest coverage ratio 3.1. It has cash and short-term investments of SAR9.1M.
Key information
40.0%
Debt to equity ratio
ر.س58.93m
Debt
| Interest coverage ratio | 3.1x |
| Cash | ر.س9.11m |
| Equity | ر.س147.14m |
| Total liabilities | ر.س141.40m |
| Total assets | ر.س288.54m |
Recent financial health updates
No updates
Recent updates
Filling and Packing Materials Manufacturing's (TADAWUL:2180) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 11
Filling and Packing Materials Manufacturing's (TADAWUL:2180) Solid Earnings May Rest On Weak Foundations
Apr 03Filling and Packing Materials Manufacturing Company's (TADAWUL:2180) Shares Climb 28% But Its Business Is Yet to Catch Up
Sep 18Filling and Packing Materials Manufacturing (TADAWUL:2180) Might Have The Makings Of A Multi-Bagger
Sep 13Filling and Packing Materials Manufacturing (TADAWUL:2180) Is Doing The Right Things To Multiply Its Share Price
Apr 03Filling and Packing Materials Manufacturing's (TADAWUL:2180) Promising Earnings May Rest On Soft Foundations
Nov 09Be Wary Of Filling and Packing Materials Manufacturing (TADAWUL:2180) And Its Returns On Capital
Apr 19If You Had Bought Filling and Packing Materials Manufacturing (TADAWUL:2180) Shares Three Years Ago You'd Have Earned 105% Returns
Feb 25Financial Position Analysis
Short Term Liabilities: 2180's short term assets (SAR140.2M) exceed its short term liabilities (SAR88.2M).
Long Term Liabilities: 2180's short term assets (SAR140.2M) exceed its long term liabilities (SAR53.2M).
Debt to Equity History and Analysis
Debt Level: 2180's net debt to equity ratio (33.9%) is considered satisfactory.
Reducing Debt: 2180's debt to equity ratio has reduced from 59.8% to 40% over the past 5 years.
Debt Coverage: 2180's debt is well covered by operating cash flow (35%).
Interest Coverage: 2180's interest payments on its debt are well covered by EBIT (3.1x coverage).