Saudi Cement Balance Sheet Health
Financial Health criteria checks 6/6
Saudi Cement has a total shareholder equity of SAR2.3B and total debt of SAR250.0M, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are SAR3.2B and SAR949.9M respectively. Saudi Cement's EBIT is SAR358.0M making its interest coverage ratio 11.8. It has cash and short-term investments of SAR94.9M.
Key information
11.0%
Debt to equity ratio
ر.س250.00m
Debt
| Interest coverage ratio | 11.8x |
| Cash | ر.س94.94m |
| Equity | ر.س2.27b |
| Total liabilities | ر.س949.93m |
| Total assets | ر.س3.22b |
Recent financial health updates
No updates
Recent updates
Return Trends At Saudi Cement (TADAWUL:3030) Aren't Appealing
Apr 29
Saudi Cement Company's (TADAWUL:3030) Price Is Right But Growth Is Lacking
Feb 12The Return Trends At Saudi Cement (TADAWUL:3030) Look Promising
Jan 05Returns On Capital Are Showing Encouraging Signs At Saudi Cement (TADAWUL:3030)
Aug 11Is There An Opportunity With Saudi Cement Company's (TADAWUL:3030) 34% Undervaluation?
Apr 20Saudi Cement (TADAWUL:3030) Has Some Difficulty Using Its Capital Effectively
Mar 06Saudi Cement (TADAWUL:3030) Could Be At Risk Of Shrinking As A Company
Dec 05Is There Now An Opportunity In Saudi Cement Company (TADAWUL:3030)?
Oct 21An Intrinsic Calculation For Saudi Cement Company (TADAWUL:3030) Suggests It's 41% Undervalued
Sep 27Capital Allocation Trends At Saudi Cement (TADAWUL:3030) Aren't Ideal
Aug 17At ر.س51.00, Is Saudi Cement Company (TADAWUL:3030) Worth Looking At Closely?
Jul 21Saudi Cement Company's (TADAWUL:3030) Intrinsic Value Is Potentially 68% Above Its Share Price
Jun 23Saudi Cement (TADAWUL:3030) Will Pay A Dividend Of ر.س1.50
Jun 05These Return Metrics Don't Make Saudi Cement (TADAWUL:3030) Look Too Strong
May 09Is Saudi Cement Company (TADAWUL:3030) Potentially Undervalued?
Mar 23Calculating The Intrinsic Value Of Saudi Cement Company (TADAWUL:3030)
Mar 01Some Investors May Be Worried About Saudi Cement's (TADAWUL:3030) Returns On Capital
Feb 02Here's What's Concerning About Saudi Cement's (TADAWUL:3030) Returns On Capital
Sep 07Saudi Cement (TADAWUL:3030) Will Pay A Dividend Of ر.س1.50
Jun 05Saudi Cement's (TADAWUL:3030) Conservative Accounting Might Explain Soft Earnings
May 12Estimating The Fair Value Of Saudi Cement Company (TADAWUL:3030)
Apr 10Saudi Cement (TADAWUL:3030) Will Be Hoping To Turn Its Returns On Capital Around
Mar 23Should You Buy Saudi Cement Company (TADAWUL:3030) For Its Dividend?
Feb 16
Saudi Cement Company (TADAWUL:3030) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Jan 25Are Saudi Cement Company (TADAWUL:3030) Investors Paying Above The Intrinsic Value?
Jan 04Does Saudi Cement's (TADAWUL:3030) Returns On Capital Reflect Well On The Business?
Dec 18Did You Participate In Any Of Saudi Cement's (TADAWUL:3030) Respectable 70% Return?
Nov 30Financial Position Analysis
Short Term Liabilities: 3030's short term assets (SAR1.2B) exceed its short term liabilities (SAR777.7M).
Long Term Liabilities: 3030's short term assets (SAR1.2B) exceed its long term liabilities (SAR172.2M).
Debt to Equity History and Analysis
Debt Level: 3030's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: 3030's debt to equity ratio has reduced from 24.7% to 11% over the past 5 years.
Debt Coverage: 3030's debt is well covered by operating cash flow (233.7%).
Interest Coverage: 3030's interest payments on its debt are well covered by EBIT (11.8x coverage).