Taqat Mineral Trading Balance Sheet Health
Financial Health criteria checks 3/6
Taqat Mineral Trading has a total shareholder equity of SAR123.9M and total debt of SAR13.1M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are SAR154.5M and SAR30.6M respectively.
Key information
10.6%
Debt to equity ratio
ر.س13.09m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.س14.73m |
| Equity | ر.س123.91m |
| Total liabilities | ر.س30.58m |
| Total assets | ر.س154.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9599's short term assets (SAR63.4M) exceed its short term liabilities (SAR20.2M).
Long Term Liabilities: 9599's short term assets (SAR63.4M) exceed its long term liabilities (SAR10.4M).
Debt to Equity History and Analysis
Debt Level: 9599 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 9599's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 9599 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 9599 has less than a year of cash runway if free cash flow continues to grow at historical rates of 29% each year.