Arabian Cement Balance Sheet Health
Financial Health criteria checks 6/6
Arabian Cement has a total shareholder equity of SAR2.7B and total debt of SAR146.3M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are SAR3.1B and SAR472.7M respectively. Arabian Cement's EBIT is SAR135.4M making its interest coverage ratio 22.4. It has cash and short-term investments of SAR217.7M.
Key information
5.5%
Debt to equity ratio
ر.س146.28m
Debt
| Interest coverage ratio | 22.4x |
| Cash | ر.س217.68m |
| Equity | ر.س2.66b |
| Total liabilities | ر.س472.65m |
| Total assets | ر.س3.14b |
Recent financial health updates
No updates
Recent updates
Arabian Cement's (TADAWUL:3010) Weak Earnings May Only Reveal A Part Of The Whole Picture
Mar 22
Returns On Capital Are Showing Encouraging Signs At Arabian Cement (TADAWUL:3010)
Feb 20Arabian Cement (TADAWUL:3010) Has Some Way To Go To Become A Multi-Bagger
Apr 12Here's What To Make Of Arabian Cement's (TADAWUL:3010) Decelerating Rates Of Return
Jan 08Arabian Cement Company (TADAWUL:3010) Shares Could Be 31% Above Their Intrinsic Value Estimate
Dec 12Arabian Cement (TADAWUL:3010) Will Pay A Smaller Dividend Than Last Year
Aug 12Is Now An Opportune Moment To Examine Arabian Cement Company (TADAWUL:3010)?
Jul 30Returns On Capital Signal Difficult Times Ahead For Arabian Cement (TADAWUL:3010)
Jun 15Are Investors Undervaluing Arabian Cement Company (TADAWUL:3010) By 30%?
Mar 31Should You Investigate Arabian Cement Company (TADAWUL:3010) At ر.س40.60?
Mar 06Arabian Cement (TADAWUL:3010) Could Be At Risk Of Shrinking As A Company
Jan 11Capital Allocation Trends At Arabian Cement (TADAWUL:3010) Aren't Ideal
Aug 21Brokers Are Upgrading Their Views On Arabian Cement Company (TADAWUL:3010) With These New Forecasts
Jul 06Calculating The Fair Value Of Arabian Cement Company (TADAWUL:3010)
Jun 07Arabian Cement's (TADAWUL:3010) Returns On Capital Tell Us There Is Reason To Feel Uneasy
May 17Know This Before Buying Arabian Cement Co. (TADAWUL:3010) For Its Dividend
Mar 16Estimating The Fair Value Of Arabian Cement Co. (TADAWUL:3010)
Feb 23Should You Be Worried About Arabian Cement's (TADAWUL:3010) Returns On Capital?
Feb 06Arabian Cement Co.'s (TADAWUL:3010) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?
Jan 19
Arabian Cement (TADAWUL:3010) Has Compensated Shareholders With A 26% Return On Their Investment
Jan 01Should Arabian Cement Co. (TADAWUL:3010) Be Part Of Your Dividend Portfolio?
Dec 13Estimating The Fair Value Of Arabian Cement Co. (TADAWUL:3010)
Nov 24Financial Position Analysis
Short Term Liabilities: 3010's short term assets (SAR937.6M) exceed its short term liabilities (SAR220.7M).
Long Term Liabilities: 3010's short term assets (SAR937.6M) exceed its long term liabilities (SAR252.0M).
Debt to Equity History and Analysis
Debt Level: 3010 has more cash than its total debt.
Reducing Debt: 3010's debt to equity ratio has reduced from 17.2% to 5.5% over the past 5 years.
Debt Coverage: 3010's debt is well covered by operating cash flow (163.2%).
Interest Coverage: 3010's interest payments on its debt are well covered by EBIT (22.4x coverage).