BENA Steel Industries Balance Sheet Health
Financial Health criteria checks 2/6
BENA Steel Industries has a total shareholder equity of SAR74.8M and total debt of SAR130.1M, which brings its debt-to-equity ratio to 173.9%. Its total assets and total liabilities are SAR281.4M and SAR206.6M respectively. BENA Steel Industries's EBIT is SAR11.6M making its interest coverage ratio 1.3. It has cash and short-term investments of SAR10.6M.
Key information
173.9%
Debt to equity ratio
ر.س130.13m
Debt
| Interest coverage ratio | 1.3x |
| Cash | ر.س10.56m |
| Equity | ر.س74.85m |
| Total liabilities | ر.س206.56m |
| Total assets | ر.س281.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9563's short term assets (SAR229.3M) exceed its short term liabilities (SAR179.6M).
Long Term Liabilities: 9563's short term assets (SAR229.3M) exceed its long term liabilities (SAR27.0M).
Debt to Equity History and Analysis
Debt Level: 9563's net debt to equity ratio (159.7%) 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 (10%).
Interest Coverage: 9563's interest payments on its debt are not well covered by EBIT (1.3x coverage).