Northern Region Cement Balance Sheet Health
Financial Health criteria checks 2/6
Northern Region Cement has a total shareholder equity of SAR2.2B and total debt of SAR953.2M, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are SAR3.5B and SAR1.3B respectively. Northern Region Cement's EBIT is SAR126.7M making its interest coverage ratio 2.3. It has cash and short-term investments of SAR42.9M.
Key information
42.5%
Debt to equity ratio
ر.س953.24m
Debt
| Interest coverage ratio | 2.3x |
| Cash | ر.س42.92m |
| Equity | ر.س2.24b |
| Total liabilities | ر.س1.28b |
| Total assets | ر.س3.52b |
Recent financial health updates
No updates
Recent updates
Northern Region Cement (TADAWUL:3004) Is Reinvesting At Lower Rates Of Return
Jun 19
Northern 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 (SAR790.1M) do not cover its short term liabilities (SAR988.5M).
Long Term Liabilities: 3004's short term assets (SAR790.1M) exceed its long term liabilities (SAR288.7M).
Debt to Equity History and Analysis
Debt Level: 3004's net debt to equity ratio (40.6%) is considered high.
Reducing Debt: 3004's debt to equity ratio has reduced from 47.2% to 42.5% over the past 5 years.
Debt Coverage: 3004's debt is not well covered by operating cash flow (13%).
Interest Coverage: 3004's interest payments on its debt are not well covered by EBIT (2.3x coverage).