Al Rashid Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Al Rashid Industrial has a total shareholder equity of SAR121.1M and total debt of SAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SAR143.6M and SAR22.6M respectively. Al Rashid Industrial's EBIT is SAR22.7M making its interest coverage ratio 769.5. It has cash and short-term investments of SAR27.9M.
Key information
0%
Debt to equity ratio
ر.س0
Debt
| Interest coverage ratio | 769.5x |
| Cash | ر.س27.92m |
| Equity | ر.س121.09m |
| Total liabilities | ر.س22.56m |
| Total assets | ر.س143.65m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9580's short term assets (SAR84.9M) exceed its short term liabilities (SAR15.3M).
Long Term Liabilities: 9580's short term assets (SAR84.9M) exceed its long term liabilities (SAR7.3M).
Debt to Equity History and Analysis
Debt Level: 9580 is debt free.
Reducing Debt: 9580 had no debt 5 years ago.
Debt Coverage: 9580 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 9580 has no debt, therefore coverage of interest payments is not a concern.