BENA Steel Industries Balance Sheet Health
Financial Health criteria checks 2/6
BENA Steel Industries has a total shareholder equity of SAR85.9M and total debt of SAR113.4M, which brings its debt-to-equity ratio to 132%. Its total assets and total liabilities are SAR272.9M and SAR187.0M respectively. BENA Steel Industries's EBIT is SAR16.6M making its interest coverage ratio 1.5. It has cash and short-term investments of SAR3.1M.
Key information
132.0%
Debt to equity ratio
ر.س113.37m
Debt
| Interest coverage ratio | 1.5x |
| Cash | ر.س3.06m |
| Equity | ر.س85.88m |
| Total liabilities | ر.س186.98m |
| Total assets | ر.س272.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9563's short term assets (SAR214.4M) exceed its short term liabilities (SAR168.8M).
Long Term Liabilities: 9563's short term assets (SAR214.4M) exceed its long term liabilities (SAR18.2M).
Debt to Equity History and Analysis
Debt Level: 9563's net debt to equity ratio (128.4%) is considered high.
Reducing Debt: Insufficient data to determine if 9563's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9563's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: 9563's interest payments on its debt are not well covered by EBIT (1.5x coverage).