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 SAR4.1B and total debt of SAR976.9M, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are SAR8.1B and SAR4.0B respectively. Saudi Aramco Base Oil Company - Luberef's EBIT is SAR1.1B making its interest coverage ratio 118.9. It has cash and short-term investments of SAR1.3B.
Key information
23.6%
Debt to equity ratio
ر.س976.93m
Debt
| Interest coverage ratio | 118.9x |
| Cash | ر.س1.35b |
| Equity | ر.س4.14b |
| Total liabilities | ر.س3.96b |
| Total assets | ر.س8.10b |
Recent financial health updates
No updates
Recent updates
Investors Can Find Comfort In Saudi Aramco Base Oil Company - Luberef's (TADAWUL:2223) Earnings Quality
Nov 14
Returns Are Gaining Momentum At Saudi Aramco Base Oil Company - Luberef (TADAWUL:2223)
Nov 10Revenue Beat: Saudi Aramco Base Oil Company - Luberef Beat Analyst Estimates By 9.0%
Aug 11Saudi 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 07Financial Position Analysis
Short Term Liabilities: 2223's short term assets (SAR3.2B) exceed its short term liabilities (SAR2.5B).
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 58.2% to 23.6% over the past 5 years.
Debt Coverage: 2223's debt is well covered by operating cash flow (163%).
Interest Coverage: 2223's interest payments on its debt are well covered by EBIT (118.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 23:40 |
| End of Day Share Price | 2024/12/19 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
Saudi Aramco Base Oil Company - Luberef is covered by 8 analysts. 5 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 |
| Madhu Appissa | Al Rajhi Capital |
| Oliver Connor | Citigroup Inc |