Northern Region Cement Balance Sheet Health
Financial Health criteria checks 4/6
Northern Region Cement has a total shareholder equity of SAR2.3B and total debt of SAR837.6M, which brings its debt-to-equity ratio to 36.8%. Its total assets and total liabilities are SAR3.4B and SAR1.2B respectively. Northern Region Cement's EBIT is SAR125.9M making its interest coverage ratio 2.3. It has cash and short-term investments of SAR37.7M.
Key information
36.8%
Debt to equity ratio
ر.س837.64m
Debt
| Interest coverage ratio | 2.3x |
| Cash | ر.س37.68m |
| Equity | ر.س2.28b |
| Total liabilities | ر.س1.17b |
| Total assets | ر.س3.44b |
Recent financial health updates
No updates
Recent updates
Northern Region Cement's (TADAWUL:3004) Problems Go Beyond Weak Profit
Nov 26
Northern Region Cement's (TADAWUL:3004) Problems Go Beyond Weak Profit
May 27Northern Region Cement (TADAWUL:3004) Is Reinvesting At Lower Rates Of Return
Jun 19Northern Region Cement (TADAWUL:3004) May Have Issues Allocating Its Capital
May 08Does Northern Region Cement Company (TADAWUL:3004) Have A Place In Your Dividend Stock Portfolio?
Mar 29Estimating The Intrinsic Value Of Northern Region Cement Company (TADAWUL:3004)
Mar 11Can You Imagine How Northern Region Cement's (TADAWUL:3004) Shareholders Feel About The 13% Share Price Increase?
Feb 11Is Northern Region Cement (TADAWUL:3004) Likely To Turn Things Around?
Jan 22
Northern Region Cement Company (TADAWUL:3004) Has Fared Decently But Fundamentals Look Uncertain: What Lies Ahead For The Stock?
Dec 31Is There More To The Story Than Northern Region Cement's (TADAWUL:3004) Earnings Growth?
Dec 09Calculating The Intrinsic Value Of Northern Region Cement Company (TADAWUL:3004)
Nov 19Financial Position Analysis
Short Term Liabilities: 3004's short term assets (SAR807.8M) exceed its short term liabilities (SAR727.8M).
Long Term Liabilities: 3004's short term assets (SAR807.8M) exceed its long term liabilities (SAR437.5M).
Debt to Equity History and Analysis
Debt Level: 3004's net debt to equity ratio (35.1%) is considered satisfactory.
Reducing Debt: 3004's debt to equity ratio has reduced from 55.1% to 36.8% over the past 5 years.
Debt Coverage: 3004's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: 3004's interest payments on its debt are not well covered by EBIT (2.3x coverage).