Saudi Paper Manufacturing Balance Sheet Health
Financial Health criteria checks 4/6
Saudi Paper Manufacturing has a total shareholder equity of SAR512.1M and total debt of SAR491.4M, which brings its debt-to-equity ratio to 96%. Its total assets and total liabilities are SAR1.2B and SAR693.9M respectively. Saudi Paper Manufacturing's EBIT is SAR137.5M making its interest coverage ratio 3.9. It has cash and short-term investments of SAR22.8M.
Key information
96.0%
Debt to equity ratio
ر.س491.44m
Debt
| Interest coverage ratio | 3.9x |
| Cash | ر.س22.84m |
| Equity | ر.س512.10m |
| Total liabilities | ر.س693.94m |
| Total assets | ر.س1.21b |
Recent financial health updates
No updates
Recent updates
When Should You Buy Saudi Paper Manufacturing Company (TADAWUL:2300)?
May 22
Do Saudi Paper Manufacturing's (TADAWUL:2300) Earnings Warrant Your Attention?
May 02Investors Still Waiting For A Pull Back In Saudi Paper Manufacturing Company (TADAWUL:2300)
Feb 26Saudi 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 (SAR455.9M) exceed its short term liabilities (SAR455.6M).
Long Term Liabilities: 2300's short term assets (SAR455.9M) exceed its long term liabilities (SAR238.3M).
Debt to Equity History and Analysis
Debt Level: 2300's net debt to equity ratio (91.5%) is considered high.
Reducing Debt: 2300's debt to equity ratio has reduced from 796% to 96% over the past 5 years.
Debt Coverage: 2300's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: 2300's interest payments on its debt are well covered by EBIT (3.9x coverage).