Saudi Aramco Base Oil Company - Luberef Balance Sheet Health
Financial Health criteria checks 6/6
Saudi Aramco Base Oil Company - Luberef has a total shareholder equity of SAR4.9B and total debt of SAR1.9B, which brings its debt-to-equity ratio to 39.9%. Its total assets and total liabilities are SAR8.9B and SAR4.0B respectively. Saudi Aramco Base Oil Company - Luberef's EBIT is SAR1.6B making its interest coverage ratio 149.1. It has cash and short-term investments of SAR2.2B.
Key information
39.9%
Debt to equity ratio
ر.س1.94b
Debt
| Interest coverage ratio | 149.1x |
| Cash | ر.س2.18b |
| Equity | ر.س4.87b |
| Total liabilities | ر.س3.99b |
| Total assets | ر.س8.86b |
Recent financial health updates
No updates
Recent updates
Saudi Aramco Base Oil Company - Luberef (TADAWUL:2223) Is Very Good At Capital Allocation
Apr 18
There May Be Reason For Hope In Saudi Aramco Base Oil Company - Luberef's (TADAWUL:2223) Disappointing Earnings
Mar 14News Flash: Analysts Just Made A Sizeable Upgrade To Their Saudi Aramco Base Oil Company - Luberef (TADAWUL:2223) Forecasts
Mar 13Investors Shouldn't Overlook Saudi Aramco Base Oil Company - Luberef's (TADAWUL:2223) Impressive Returns On Capital
Jan 07Analysts Just Shipped A Notable Upgrade To Their Saudi Aramco Base Oil Company - Luberef (TADAWUL:2223) Estimates
Aug 09Are Investors Undervaluing Saudi Aramco Base Oil Company - Luberef (TADAWUL:2223) By 31%?
May 08The Market Doesn't Like What It Sees From Saudi Aramco Base Oil Company - Luberef's (TADAWUL:2223) Earnings Yet
Mar 29Financial Position Analysis
Short Term Liabilities: 2223's short term assets (SAR3.9B) exceed its short term liabilities (SAR1.7B).
Long Term Liabilities: 2223's short term assets (SAR3.9B) exceed its long term liabilities (SAR2.3B).
Debt to Equity History and Analysis
Debt Level: 2223 has more cash than its total debt.
Reducing Debt: 2223's debt to equity ratio has reduced from 63.5% to 39.9% over the past 5 years.
Debt Coverage: 2223's debt is well covered by operating cash flow (119.5%).
Interest Coverage: 2223's interest payments on its debt are well covered by EBIT (149.1x coverage).