Arabian Plastic Industrial Balance Sheet Health
Financial Health criteria checks 5/6
Arabian Plastic Industrial has a total shareholder equity of SAR89.1M and total debt of SAR35.1M, which brings its debt-to-equity ratio to 39.4%. Its total assets and total liabilities are SAR164.4M and SAR75.3M respectively. Arabian Plastic Industrial's EBIT is SAR14.1M making its interest coverage ratio 6.5. It has cash and short-term investments of SAR3.6M.
Key information
39.4%
Debt to equity ratio
ر.س35.14m
Debt
Interest coverage ratio | 6.5x |
Cash | ر.س3.59m |
Equity | ر.س89.10m |
Total liabilities | ر.س75.29m |
Total assets | ر.س164.39m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9548's short term assets (SAR99.5M) exceed its short term liabilities (SAR69.3M).
Long Term Liabilities: 9548's short term assets (SAR99.5M) exceed its long term liabilities (SAR6.0M).
Debt to Equity History and Analysis
Debt Level: 9548's net debt to equity ratio (35.4%) is considered satisfactory.
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 well covered by operating cash flow (56.6%).
Interest Coverage: 9548's interest payments on its debt are well covered by EBIT (6.5x coverage).