National Metal Manufacturing and Casting Balance Sheet Health
Financial Health criteria checks 6/6
National Metal Manufacturing and Casting has a total shareholder equity of SAR284.3M and total debt of SAR42.8M, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are SAR398.2M and SAR113.9M respectively.
Key information
15.0%
Debt to equity ratio
ر.س42.77m
Debt
Interest coverage ratio | n/a |
Cash | ر.س47.02m |
Equity | ر.س284.28m |
Total liabilities | ر.س113.94m |
Total assets | ر.س398.22m |
Financial Position Analysis
Short Term Liabilities: 2220's short term assets (SAR203.3M) exceed its short term liabilities (SAR68.1M).
Long Term Liabilities: 2220's short term assets (SAR203.3M) exceed its long term liabilities (SAR45.8M).
Debt to Equity History and Analysis
Debt Level: 2220 has more cash than its total debt.
Reducing Debt: 2220's debt to equity ratio has reduced from 40.4% to 15% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 2220 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 2220 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 5.3% each year