Mohammed Hadi Al-Rasheed Balance Sheet Health
Financial Health criteria checks 5/6
Mohammed Hadi Al-Rasheed has a total shareholder equity of SAR210.2M and total debt of SAR25.0M, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are SAR300.3M and SAR90.1M respectively. Mohammed Hadi Al-Rasheed's EBIT is SAR76.0M making its interest coverage ratio -194.3. It has cash and short-term investments of SAR44.4M.
Key information
11.9%
Debt to equity ratio
ر.س25.04m
Debt
| Interest coverage ratio | -194.3x |
| Cash | ر.س44.38m |
| Equity | ر.س210.19m |
| Total liabilities | ر.س90.06m |
| Total assets | ر.س300.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9601's short term assets (SAR193.0M) exceed its short term liabilities (SAR59.3M).
Long Term Liabilities: 9601's short term assets (SAR193.0M) exceed its long term liabilities (SAR30.7M).
Debt to Equity History and Analysis
Debt Level: 9601 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 9601's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9601's debt is well covered by operating cash flow (263.7%).
Interest Coverage: 9601 earns more interest than it pays, so coverage of interest payments is not a concern.