Meyar Balance Sheet Health
Financial Health criteria checks 4/6
Meyar has a total shareholder equity of SAR34.2M and total debt of SAR8.5M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are SAR60.4M and SAR26.2M respectively.
Key information
24.9%
Debt to equity ratio
ر.س8.52m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.س951.72k |
| Equity | ر.س34.23m |
| Total liabilities | ر.س26.16m |
| Total assets | ر.س60.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9565's short term assets (SAR14.3M) exceed its short term liabilities (SAR12.3M).
Long Term Liabilities: 9565's short term assets (SAR14.3M) exceed its long term liabilities (SAR13.9M).
Debt to Equity History and Analysis
Debt Level: 9565's net debt to equity ratio (22.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 9565's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9565's debt is well covered by operating cash flow (112.3%).
Interest Coverage: Insufficient data to determine if 9565's interest payments on its debt are well covered by EBIT.