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 SAR332.3M, which brings its debt-to-equity ratio to 16.2%. Its total assets and total liabilities are SAR2.5B and SAR484.6M respectively. Najran Cement's EBIT is SAR93.9M making its interest coverage ratio 3.8. It has cash and short-term investments of SAR15.7M.
Key information
16.2%
Debt to equity ratio
ر.س332.26m
Debt
| Interest coverage ratio | 3.8x |
| Cash | ر.س15.67m |
| Equity | ر.س2.05b |
| Total liabilities | ر.س484.61m |
| Total assets | ر.س2.53b |
Recent financial health updates
No updates
Recent updates
Najran Cement's (TADAWUL:3002) Dividend Is Being Reduced To SAR0.25
Oct 06
Najran Cement Company (TADAWUL:3002) Analysts Are More Bearish Than They Used To Be
Jun 01Najran Cement (TADAWUL:3002) Has Announced A Dividend Of ر.س0.75
Sep 25Does Najran Cement (TADAWUL:3002) Deserve A Spot On Your Watchlist?
Aug 10Slowing Rates Of Return At Najran Cement (TADAWUL:3002) Leave Little Room For Excitement
May 24Earnings Working Against Najran Cement Company's (TADAWUL:3002) Share Price
May 03Read This Before Buying Najran Cement Company (TADAWUL:3002) For Its Dividend
Apr 13If You Like EPS Growth Then Check Out Najran Cement (TADAWUL:3002) Before It's Too Late
Mar 04Najran Cement Company's (TADAWUL:3002) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Feb 10
Be Wary Of Najran Cement (TADAWUL:3002) And Its Returns On Capital
Jan 15The Najran Cement (TADAWUL:3002) Share Price Is Up 65% And Shareholders Are Holding On
Dec 19If You Like EPS Growth Then Check Out Najran Cement (TADAWUL:3002) Before It's Too Late
Nov 23Financial Position Analysis
Short Term Liabilities: 3002's short term assets (SAR523.1M) exceed its short term liabilities (SAR207.0M).
Long Term Liabilities: 3002's short term assets (SAR523.1M) exceed its long term liabilities (SAR277.6M).
Debt to Equity History and Analysis
Debt Level: 3002's net debt to equity ratio (15.5%) is considered satisfactory.
Reducing Debt: 3002's debt to equity ratio has reduced from 23.6% to 16.2% over the past 5 years.
Debt Coverage: 3002's debt is well covered by operating cash flow (31.5%).
Interest Coverage: 3002's interest payments on its debt are well covered by EBIT (3.8x coverage).