Najran Cement Balance Sheet Health

Financial Health criteria checks 6/6

Najran Cement has a total shareholder equity of SAR2.0B and total debt of SAR346.9M, which brings its debt-to-equity ratio to 17.4%. Its total assets and total liabilities are SAR2.5B and SAR493.5M respectively. Najran Cement's EBIT is SAR123.7M making its interest coverage ratio 6.2. It has cash and short-term investments of SAR14.1M.

Key information

17.4%

Debt to equity ratio

ر.س346.88m

Debt

Interest coverage ratio6.2x
Cashر.س14.06m
Equityر.س2.00b
Total liabilitiesر.س493.54m
Total assetsر.س2.49b

Recent financial health updates

No updates

Recent updates

Najran Cement's (TADAWUL:3002) Dividend Is Being Reduced To SAR0.25

Oct 06
Najran Cement's (TADAWUL:3002) Dividend Is Being Reduced To SAR0.25

Najran Cement Company (TADAWUL:3002) Analysts Are More Bearish Than They Used To Be

Jun 01
Najran Cement Company (TADAWUL:3002) Analysts Are More Bearish Than They Used To Be

Najran Cement (TADAWUL:3002) Has Announced A Dividend Of ر.س0.75

Sep 25
Najran Cement (TADAWUL:3002) Has Announced A Dividend Of ر.س0.75

Does Najran Cement (TADAWUL:3002) Deserve A Spot On Your Watchlist?

Aug 10
Does Najran Cement (TADAWUL:3002) Deserve A Spot On Your Watchlist?

Slowing Rates Of Return At Najran Cement (TADAWUL:3002) Leave Little Room For Excitement

May 24
Slowing Rates Of Return At Najran Cement (TADAWUL:3002) Leave Little Room For Excitement

Earnings Working Against Najran Cement Company's (TADAWUL:3002) Share Price

May 03
Earnings Working Against Najran Cement Company's (TADAWUL:3002) Share Price

Read This Before Buying Najran Cement Company (TADAWUL:3002) For Its Dividend

Apr 13
Read This Before Buying Najran Cement Company (TADAWUL:3002) For Its Dividend

If You Like EPS Growth Then Check Out Najran Cement (TADAWUL:3002) Before It's Too Late

Mar 04
If You Like EPS Growth Then Check Out Najran Cement (TADAWUL:3002) Before It's Too Late

Najran Cement Company's (TADAWUL:3002) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Feb 10
Najran Cement Company's (TADAWUL:3002) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Be Wary Of Najran Cement (TADAWUL:3002) And Its Returns On Capital

Jan 15
Be Wary Of Najran Cement (TADAWUL:3002) And Its Returns On Capital

The Najran Cement (TADAWUL:3002) Share Price Is Up 65% And Shareholders Are Holding On

Dec 19
The Najran Cement (TADAWUL:3002) Share Price Is Up 65% And Shareholders Are Holding On

If You Like EPS Growth Then Check Out Najran Cement (TADAWUL:3002) Before It's Too Late

Nov 23
If You Like EPS Growth Then Check Out Najran Cement (TADAWUL:3002) Before It's Too Late

Financial Position Analysis

Short Term Liabilities: 3002's short term assets (SAR508.6M) exceed its short term liabilities (SAR166.9M).

Long Term Liabilities: 3002's short term assets (SAR508.6M) exceed its long term liabilities (SAR326.6M).


Debt to Equity History and Analysis

Debt Level: 3002's net debt to equity ratio (16.7%) is considered satisfactory.

Reducing Debt: 3002's debt to equity ratio has reduced from 28.9% to 17.4% over the past 5 years.

Debt Coverage: 3002's debt is well covered by operating cash flow (25.3%).

Interest Coverage: 3002's interest payments on its debt are well covered by EBIT (6.2x coverage).


Balance Sheet


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