Al Kathiri Holding Balance Sheet Health
Financial Health criteria checks 2/6
Al Kathiri Holding has a total shareholder equity of SAR131.3M and total debt of SAR138.8M, which brings its debt-to-equity ratio to 105.7%. Its total assets and total liabilities are SAR301.0M and SAR169.7M respectively. Al Kathiri Holding's EBIT is SAR3.3M making its interest coverage ratio 0.5. It has cash and short-term investments of SAR78.4M.
Key information
105.7%
Debt to equity ratio
ر.س138.76m
Debt
| Interest coverage ratio | 0.5x |
| Cash | ر.س78.38m |
| Equity | ر.س131.29m |
| Total liabilities | ر.س169.68m |
| Total assets | ر.س300.97m |
Recent financial health updates
No updates
Recent updates
Some Investors May Be Worried About Al Kathiri Holding's (TADAWUL:3008) Returns On Capital
Jun 16
Returns On Capital At Al Kathiri Holding (TADAWUL:3008) Paint An Interesting Picture
Mar 18Shareholders of Al Kathiri Holding (TADAWUL:3008) Must Be Delighted With Their 694% Total Return
Feb 25Is Al Kathiri Holding Company's(TADAWUL:3008) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jan 28
Here's Why We Don't Think Al Kathiri Holding's (TADAWUL:3008) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 07How Much Of Al Kathiri Holding Company (TADAWUL:3008) Do Insiders Own?
Dec 17Did You Participate In Any Of Al Kathiri Holding's (TADAWUL:3008) Incredible 906% Return?
Nov 27Financial Position Analysis
Short Term Liabilities: 3008's short term assets (SAR152.7M) exceed its short term liabilities (SAR49.1M).
Long Term Liabilities: 3008's short term assets (SAR152.7M) exceed its long term liabilities (SAR120.6M).
Debt to Equity History and Analysis
Debt Level: 3008's net debt to equity ratio (46%) is considered high.
Reducing Debt: 3008's debt to equity ratio has increased from 44.7% to 105.7% over the past 5 years.
Debt Coverage: 3008's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3008's interest payments on its debt are not well covered by EBIT (0.5x coverage).