Arabian Plastic Industrial Balance Sheet Health
Financial Health criteria checks 3/6
Arabian Plastic Industrial has a total shareholder equity of SAR101.3M and total debt of SAR71.9M, which brings its debt-to-equity ratio to 71%. Its total assets and total liabilities are SAR206.2M and SAR104.9M respectively. Arabian Plastic Industrial's EBIT is SAR15.7M making its interest coverage ratio 4.8. It has cash and short-term investments of SAR5.8M.
Key information
71.0%
Debt to equity ratio
ر.س71.89m
Debt
| Interest coverage ratio | 4.8x |
| Cash | ر.س5.79m |
| Equity | ر.س101.29m |
| Total liabilities | ر.س104.88m |
| Total assets | ر.س206.17m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9548's short term assets (SAR103.9M) exceed its short term liabilities (SAR98.9M).
Long Term Liabilities: 9548's short term assets (SAR103.9M) exceed its long term liabilities (SAR6.0M).
Debt to Equity History and Analysis
Debt Level: 9548's net debt to equity ratio (65.3%) is considered high.
Reducing Debt: Insufficient data to determine if 9548's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9548's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: 9548's interest payments on its debt are well covered by EBIT (4.8x coverage).