Tabuk Cement Balance Sheet Health
Financial Health criteria checks 6/6
Tabuk Cement has a total shareholder equity of SAR1.3B and total debt of SAR170.1M, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are SAR1.7B and SAR364.8M respectively. Tabuk Cement's EBIT is SAR48.8M making its interest coverage ratio 13.6. It has cash and short-term investments of SAR40.8M.
Key information
13.0%
Debt to equity ratio
ر.س170.14m
Debt
| Interest coverage ratio | 13.6x |
| Cash | ر.س40.81m |
| Equity | ر.س1.31b |
| Total liabilities | ر.س364.76m |
| Total assets | ر.س1.68b |
Recent financial health updates
No updates
Recent updates
Calculating The Intrinsic Value Of Tabuk Cement Company (TADAWUL:3090)
Jun 26
Tabuk Cement (TADAWUL:3090) Has Some Difficulty Using Its Capital Effectively
Jun 02Investors Still Waiting For A Pull Back In Tabuk Cement Company (TADAWUL:3090)
May 15Is Now An Opportune Moment To Examine Tabuk Cement Company (TADAWUL:3090)?
Apr 09Tabuk Cement's (TADAWUL:3090) Promising Earnings May Rest On Soft Foundations
Mar 21Calculating The Fair Value Of Tabuk Cement Company (TADAWUL:3090)
Mar 10Tabuk Cement Company's (TADAWUL:3090) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Feb 23What These Trends Mean At Tabuk Cement (TADAWUL:3090)
Jan 28Tabuk Cement (TADAWUL:3090) Shareholders Have Enjoyed A 25% Share Price Gain
Jan 02Is Now The Time To Look At Buying Tabuk Cement Company (TADAWUL:3090)?
Dec 06Financial Position Analysis
Short Term Liabilities: 3090's short term assets (SAR365.6M) exceed its short term liabilities (SAR234.4M).
Long Term Liabilities: 3090's short term assets (SAR365.6M) exceed its long term liabilities (SAR130.4M).
Debt to Equity History and Analysis
Debt Level: 3090's net debt to equity ratio (9.9%) is considered satisfactory.
Reducing Debt: 3090's debt to equity ratio has reduced from 45.2% to 13% over the past 5 years.
Debt Coverage: 3090's debt is well covered by operating cash flow (57.2%).
Interest Coverage: 3090's interest payments on its debt are well covered by EBIT (13.6x coverage).