Advanced Petrochemical Balance Sheet Health
Financial Health criteria checks 2/6
Advanced Petrochemical has a total shareholder equity of SAR3.6B and total debt of SAR7.9B, which brings its debt-to-equity ratio to 219.5%. Its total assets and total liabilities are SAR12.5B and SAR8.9B respectively. Advanced Petrochemical's EBIT is SAR172.9M making its interest coverage ratio 49. It has cash and short-term investments of SAR186.9M.
Key information
219.5%
Debt to equity ratio
ر.س7.86b
Debt
| Interest coverage ratio | 49x |
| Cash | ر.س186.91m |
| Equity | ر.س3.58b |
| Total liabilities | ر.س8.94b |
| Total assets | ر.س12.52b |
Recent financial health updates
No updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Advanced Petrochemical (TADAWUL:2330)
Nov 05
Revenues Tell The Story For Advanced Petrochemical Company (TADAWUL:2330)
Aug 21There Are Reasons To Feel Uneasy About Advanced Petrochemical's (TADAWUL:2330) Returns On Capital
Jul 01These Analysts Just Made A Notable Downgrade To Their Advanced Petrochemical Company (TADAWUL:2330) EPS Forecasts
May 30Capital Allocation Trends At Advanced Petrochemical (TADAWUL:2330) Aren't Ideal
Apr 01Capital Allocation Trends At Advanced Petrochemical (TADAWUL:2330) Aren't Ideal
Dec 20Here's What's Concerning About Advanced Petrochemical's (TADAWUL:2330) Returns On Capital
Sep 06Estimating The Fair Value Of Advanced Petrochemical Company (TADAWUL:2330)
Aug 02Here's What's Concerning About Advanced Petrochemical's (TADAWUL:2330) Returns On Capital
May 24A Look At The Intrinsic Value Of Advanced Petrochemical Company (TADAWUL:2330)
May 03Advanced Petrochemical's (TADAWUL:2330) Dividend Will Be SAR0.55
Apr 05Advanced Petrochemical (TADAWUL:2330) Will Pay A Dividend Of SAR0.55
Feb 24Calculating The Intrinsic Value Of Advanced Petrochemical Company (TADAWUL:2330)
Jan 09Advanced Petrochemical (TADAWUL:2330) Could Be Struggling To Allocate Capital
Dec 18Advanced Petrochemical (TADAWUL:2330) Has More To Do To Multiply In Value Going Forward
Sep 07Should You Be Adding Advanced Petrochemical (TADAWUL:2330) To Your Watchlist Today?
Jun 28Advanced Petrochemical Company (TADAWUL:2330) Shares Could Be 46% Below Their Intrinsic Value Estimate
Jun 05Advanced Petrochemical's (TADAWUL:2330) Returns Have Hit A Wall
May 18Advanced Petrochemical (TADAWUL:2330) Is Reducing Its Dividend To ر.س0.55
Apr 28Here's Why I Think Advanced Petrochemical (TADAWUL:2330) Is An Interesting Stock
Feb 14Here's What To Make Of Advanced Petrochemical's (TADAWUL:2330) Decelerating Rates Of Return
Jan 24We Think That There Are Issues Underlying Advanced Petrochemical's (TADAWUL:2330) Earnings
Nov 04Advanced Petrochemical (TADAWUL:2330) Has More To Do To Multiply In Value Going Forward
Oct 14Advanced Petrochemical (TADAWUL:2330) Will Be Looking To Turn Around Its Returns
Jul 11Returns On Capital At Advanced Petrochemical (TADAWUL:2330) Have Stalled
Mar 23Are Dividend Investors Making A Mistake With Advanced Petrochemical Company (TADAWUL:2330)?
Mar 02Has Advanced Petrochemical Company (TADAWUL:2330) Stock's Recent Performance Got Anything to Do With Its Financial Health?
Feb 06
Did You Participate In Any Of Advanced Petrochemical's (TADAWUL:2330) Fantastic 248% Return ?
Jan 12Is Advanced Petrochemical (TADAWUL:2330) Using Capital Effectively?
Dec 21Looking For Steady Income For Your Dividend Portfolio? Is Advanced Petrochemical Company (TADAWUL:2330) A Good Fit?
Nov 30Financial Position Analysis
Short Term Liabilities: 2330's short term assets (SAR1.1B) exceed its short term liabilities (SAR690.9M).
Long Term Liabilities: 2330's short term assets (SAR1.1B) do not cover its long term liabilities (SAR8.2B).
Debt to Equity History and Analysis
Debt Level: 2330's net debt to equity ratio (214.3%) is considered high.
Reducing Debt: 2330's debt to equity ratio has increased from 30.6% to 219.5% over the past 5 years.
Debt Coverage: 2330's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2330's interest payments on its debt are well covered by EBIT (49x coverage).