Watani Iron Steel Balance Sheet Health
Financial Health criteria checks 4/6
Watani Iron Steel has a total shareholder equity of SAR245.8M and total debt of SAR69.3M, which brings its debt-to-equity ratio to 28.2%. Its total assets and total liabilities are SAR367.5M and SAR121.6M respectively. Watani Iron Steel's EBIT is SAR12.2M making its interest coverage ratio 1.8. It has cash and short-term investments of SAR9.8M.
Key information
28.2%
Debt to equity ratio
ر.س69.32m
Debt
| Interest coverage ratio | 1.8x |
| Cash | ر.س9.84m |
| Equity | ر.س245.85m |
| Total liabilities | ر.س121.64m |
| Total assets | ر.س367.49m |
Recent financial health updates
No updates
Recent updates
Some Shareholders Feeling Restless Over Watani Iron Steel Company's (TADAWUL:9513) P/E Ratio
Nov 28
Watani Iron Steel Company (TADAWUL:9513) Investors Are Less Pessimistic Than Expected
Aug 08The Market Doesn't Like What It Sees From Watani Iron Steel Co.'s (TADAWUL:9513) Earnings Yet
Nov 07Watani Iron Steel (TADAWUL:9513) Is Finding It Tricky To Allocate Its Capital
Oct 11Financial Position Analysis
Short Term Liabilities: 9513's short term assets (SAR72.2M) do not cover its short term liabilities (SAR115.0M).
Long Term Liabilities: 9513's short term assets (SAR72.2M) exceed its long term liabilities (SAR6.7M).
Debt to Equity History and Analysis
Debt Level: 9513's net debt to equity ratio (24.2%) is considered satisfactory.
Reducing Debt: 9513's debt to equity ratio has reduced from 159.2% to 28.2% over the past 5 years.
Debt Coverage: 9513's debt is well covered by operating cash flow (68.1%).
Interest Coverage: 9513's interest payments on its debt are not well covered by EBIT (1.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 07:54 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Watani Iron Steel Company is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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