Arabian Pipes Balance Sheet Health
Financial Health criteria checks 4/6
Arabian Pipes has a total shareholder equity of SAR388.8M and total debt of SAR408.1M, which brings its debt-to-equity ratio to 104.9%. Its total assets and total liabilities are SAR1.0B and SAR623.5M respectively. Arabian Pipes's EBIT is SAR236.3M making its interest coverage ratio 5. It has cash and short-term investments of SAR43.8M.
Key information
104.9%
Debt to equity ratio
ر.س408.05m
Debt
| Interest coverage ratio | 5x |
| Cash | ر.س43.81m |
| Equity | ر.س388.84m |
| Total liabilities | ر.س623.45m |
| Total assets | ر.س1.01b |
Recent financial health updates
No updates
Recent updates
Arabian Pipes' (TADAWUL:2200) Solid Profits Have Weak Fundamentals
Nov 17
Arabian Pipes Company's (TADAWUL:2200) Prospects Need A Boost To Lift Shares
Nov 05Arabian Pipes' (TADAWUL:2200) Promising Earnings May Rest On Soft Foundations
Mar 21Arabian 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 (SAR707.3M) exceed its short term liabilities (SAR573.7M).
Long Term Liabilities: 2200's short term assets (SAR707.3M) exceed its long term liabilities (SAR49.8M).
Debt to Equity History and Analysis
Debt Level: 2200's net debt to equity ratio (93.7%) is considered high.
Reducing Debt: 2200's debt to equity ratio has reduced from 134.3% to 104.9% 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 (5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 13:45 |
| End of Day Share Price | 2024/12/24 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
Arabian Pipes Company is covered by 6 analysts. 1 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 |
|---|---|
| Mazen Al-Sudairi | Al Rajhi Capital |
| Mohamad Haidar | Arqaam Capital Research Offshore S.A.L. |
| Tarek El-Shawarby | EFG-Hermes Research |