Mohammed Hadi Al-Rasheed Balance Sheet Health
Financial Health criteria checks 5/6
Mohammed Hadi Al-Rasheed has a total shareholder equity of SAR174.1M and total debt of SAR29.3M, which brings its debt-to-equity ratio to 16.8%. Its total assets and total liabilities are SAR247.8M and SAR73.7M respectively. Mohammed Hadi Al-Rasheed's EBIT is SAR51.8M making its interest coverage ratio 65.7. It has cash and short-term investments of SAR19.8M.
Key information
16.8%
Debt to equity ratio
ر.س29.33m
Debt
Interest coverage ratio | 65.7x |
Cash | ر.س19.81m |
Equity | ر.س174.11m |
Total liabilities | ر.س73.65m |
Total assets | ر.س247.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9601's short term assets (SAR137.2M) exceed its short term liabilities (SAR38.7M).
Long Term Liabilities: 9601's short term assets (SAR137.2M) exceed its long term liabilities (SAR34.9M).
Debt to Equity History and Analysis
Debt Level: 9601's net debt to equity ratio (5.5%) is considered satisfactory.
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 (189.7%).
Interest Coverage: 9601's interest payments on its debt are well covered by EBIT (65.7x coverage).