Saudi Vitrified Clay Pipe Balance Sheet Health
Financial Health criteria checks 3/6
Saudi Vitrified Clay Pipe has a total shareholder equity of SAR189.8M and total debt of SAR27.2M, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are SAR242.3M and SAR52.5M respectively.
Key information
14.3%
Debt to equity ratio
ر.س27.19m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.س10.54m |
| Equity | ر.س189.75m |
| Total liabilities | ر.س52.55m |
| Total assets | ر.س242.30m |
Recent financial health updates
No updates
Recent updates
Saudi Vitrified Clay Pipe's (TADAWUL:2360) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Dec 05
Is This A Sign of Things To Come At Saudi Vitrified Clay Pipe (TADAWUL:2360)?
Mar 11Introducing Saudi Vitrified Clay Pipe (TADAWUL:2360), A Stock That Climbed 90% In The Last Three Years
Feb 04
Does Saudi Vitrified Clay Pipe co.'s (TADAWUL:2360) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
Dec 31Don't Race Out To Buy Saudi Vitrified Clay Pipe co. (TADAWUL:2360) Just Because It's Going Ex-Dividend
Nov 26What These Trends Mean At Saudi Vitrified Clay Pipe (TADAWUL:2360)
Nov 24Financial Position Analysis
Short Term Liabilities: 2360's short term assets (SAR78.7M) exceed its short term liabilities (SAR27.2M).
Long Term Liabilities: 2360's short term assets (SAR78.7M) exceed its long term liabilities (SAR25.3M).
Debt to Equity History and Analysis
Debt Level: 2360's net debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: 2360's debt to equity ratio has increased from 0% to 14.3% over the past 5 years.
Debt Coverage: 2360's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2360's interest payments on its debt are well covered by EBIT.