Meyar Balance Sheet Health
Financial Health criteria checks 3/6
Meyar has a total shareholder equity of SAR34.6M and total debt of SAR8.8M, which brings its debt-to-equity ratio to 25.5%. Its total assets and total liabilities are SAR51.5M and SAR16.8M respectively.
Key information
25.5%
Debt to equity ratio
ر.س8.84m
Debt
Interest coverage ratio | n/a |
Cash | ر.س9.21m |
Equity | ر.س34.63m |
Total liabilities | ر.س16.83m |
Total assets | ر.س51.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9565's short term assets (SAR22.4M) exceed its short term liabilities (SAR7.1M).
Long Term Liabilities: 9565's short term assets (SAR22.4M) exceed its long term liabilities (SAR9.7M).
Debt to Equity History and Analysis
Debt Level: 9565 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 9565's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9565's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 9565's interest payments on its debt are well covered by EBIT.