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 SAR4.6B and total debt of SAR960.2M, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are SAR8.1B and SAR3.6B respectively. Saudi Aramco Base Oil Company - Luberef's EBIT is SAR1.2B making its interest coverage ratio 126.2. It has cash and short-term investments of SAR1.2B.
Key information
21.0%
Debt to equity ratio
ر.س960.23m
Debt
| Interest coverage ratio | 126.2x |
| Cash | ر.س1.16b |
| Equity | ر.س4.56b |
| Total liabilities | ر.س3.56b |
| Total assets | ر.س8.12b |
Recent financial health updates
No updates
Recent updates
Revenue Beat: Saudi Aramco Base Oil Company - Luberef Beat Analyst Estimates By 9.0%
Aug 11
Saudi Aramco Base Oil Company - Luberef (TADAWUL:2223) Is Investing Its Capital With Increasing Efficiency
Aug 04Saudi Aramco Base Oil Company - Luberef (TADAWUL:2223) Is Very Good At Capital Allocation
Apr 18There 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 (SAR3.2B) exceed its short term liabilities (SAR2.2B).
Long Term Liabilities: 2223's short term assets (SAR3.2B) exceed its long term liabilities (SAR1.4B).
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 60% to 21% over the past 5 years.
Debt Coverage: 2223's debt is well covered by operating cash flow (219.1%).
Interest Coverage: 2223's interest payments on its debt are well covered by EBIT (126.2x coverage).