Saudi Paper Manufacturing Balance Sheet Health
Financial Health criteria checks 4/6
Saudi Paper Manufacturing has a total shareholder equity of SAR473.4M and total debt of SAR419.2M, which brings its debt-to-equity ratio to 88.5%. Its total assets and total liabilities are SAR1.1B and SAR604.5M respectively. Saudi Paper Manufacturing's EBIT is SAR115.4M making its interest coverage ratio 3.1. It has cash and short-term investments of SAR35.0M.
Key information
88.5%
Debt to equity ratio
ر.س419.17m
Debt
| Interest coverage ratio | 3.1x |
| Cash | ر.س35.01m |
| Equity | ر.س473.40m |
| Total liabilities | ر.س604.54m |
| Total assets | ر.س1.08b |
Recent financial health updates
No updates
Recent updates
Investors Still Waiting For A Pull Back In Saudi Paper Manufacturing Company (TADAWUL:2300)
Feb 26
Saudi Paper Manufacturing (TADAWUL:2300) Shareholders Will Want The ROCE Trajectory To Continue
Aug 21Saudi Paper Manufacturing's (TADAWUL:2300) Returns On Capital Are Heading Higher
Nov 17Investors Don't See Light At End Of Saudi Paper Manufacturing Company's (TADAWUL:2300) Tunnel And Push Stock Down 27%
Oct 19Investors Will Want Saudi Paper Manufacturing's (TADAWUL:2300) Growth In ROCE To Persist
Apr 01Shareholders Will Be Pleased With The Quality of Saudi Paper Manufacturing's (TADAWUL:2300) Earnings
Mar 14Is Saudi Paper Manufacturing (TADAWUL:2300) A Future Multi-bagger?
Mar 02Saudi Paper Manufacturing (TADAWUL:2300) Has Rewarded Shareholders With An Exceptional 342% Total Return On Their Investment
Jan 07Financial Position Analysis
Short Term Liabilities: 2300's short term assets (SAR450.3M) exceed its short term liabilities (SAR407.5M).
Long Term Liabilities: 2300's short term assets (SAR450.3M) exceed its long term liabilities (SAR197.0M).
Debt to Equity History and Analysis
Debt Level: 2300's net debt to equity ratio (81.1%) is considered high.
Reducing Debt: 2300's debt to equity ratio has reduced from 706.7% to 88.5% over the past 5 years.
Debt Coverage: 2300's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: 2300's interest payments on its debt are well covered by EBIT (3.1x coverage).