Arabian Pipes Balance Sheet Health
Financial Health criteria checks 2/6
Arabian Pipes has a total shareholder equity of SAR233.1M and total debt of SAR479.1M, which brings its debt-to-equity ratio to 205.5%. Its total assets and total liabilities are SAR907.7M and SAR674.6M respectively. Arabian Pipes's EBIT is SAR157.9M making its interest coverage ratio 5.4. It has cash and short-term investments of SAR94.1M.
Key information
205.5%
Debt to equity ratio
ر.س479.11m
Debt
| Interest coverage ratio | 5.4x |
| Cash | ر.س94.08m |
| Equity | ر.س233.12m |
| Total liabilities | ر.س674.59m |
| Total assets | ر.س907.71m |
Recent financial health updates
No updates
Recent updates
Arabian Pipes' (TADAWUL:2200) Promising Earnings May Rest On Soft Foundations
Mar 21
Arabian Pipes (TADAWUL:2200) Is Achieving High Returns On Its Capital
Feb 26Arabian Pipes Company (TADAWUL:2200) Screens Well But There Might Be A Catch
Jan 30Why The 39% Return On Capital At Arabian Pipes (TADAWUL:2200) Should Have Your Attention
Nov 02Investors Will Want Arabian Pipes' (TADAWUL:2200) Growth In ROCE To Persist
May 24Arabian Pipes Company's (TADAWUL:2200) Shares Climb 28% But Its Business Is Yet to Catch Up
Apr 18Investors Who Bought Arabian Pipes (TADAWUL:2200) Shares Five Years Ago Are Now Up 127%
Jan 30
Financial Position Analysis
Short Term Liabilities: 2200's short term assets (SAR583.3M) do not cover its short term liabilities (SAR608.9M).
Long Term Liabilities: 2200's short term assets (SAR583.3M) exceed its long term liabilities (SAR65.7M).
Debt to Equity History and Analysis
Debt Level: 2200's net debt to equity ratio (165.2%) is considered high.
Reducing Debt: 2200's debt to equity ratio has increased from 119.3% to 205.5% over the past 5 years.
Debt Coverage: 2200's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2200's interest payments on its debt are well covered by EBIT (5.4x coverage).