Al-Saif Stores for Development & Investment Balance Sheet Health
Financial Health criteria checks 3/6
Al-Saif Stores for Development & Investment has a total shareholder equity of SAR402.6M and total debt of SAR230.7M, which brings its debt-to-equity ratio to 57.3%. Its total assets and total liabilities are SAR941.0M and SAR538.4M respectively. Al-Saif Stores for Development & Investment's EBIT is SAR93.7M making its interest coverage ratio 8.2. It has cash and short-term investments of SAR24.1M.
Key information
57.3%
Debt to equity ratio
ر.س230.66m
Debt
| Interest coverage ratio | 8.2x |
| Cash | ر.س24.15m |
| Equity | ر.س402.55m |
| Total liabilities | ر.س538.43m |
| Total assets | ر.س940.98m |
Recent financial health updates
No updates
Recent updates
Earnings Not Telling The Story For Al-Saif Stores for Development & Investment Company (TADAWUL:4192) After Shares Rise 25%
Mar 20
Some Investors May Be Worried About Al-Saif Stores for Development & Investment's (TADAWUL:4192) Returns On Capital
Feb 21Al-Saif Stores for Development & Investment's (TADAWUL:4192) Problems Go Beyond Weak Profit
Nov 27Financial Position Analysis
Short Term Liabilities: 4192's short term assets (SAR500.8M) exceed its short term liabilities (SAR329.2M).
Long Term Liabilities: 4192's short term assets (SAR500.8M) exceed its long term liabilities (SAR209.3M).
Debt to Equity History and Analysis
Debt Level: 4192's net debt to equity ratio (51.3%) is considered high.
Reducing Debt: 4192's debt to equity ratio has increased from 35.3% to 57.3% over the past 5 years.
Debt Coverage: 4192's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4192's interest payments on its debt are well covered by EBIT (8.2x coverage).