Fad International Balance Sheet Health
Financial Health criteria checks 5/6
Fad International has a total shareholder equity of SAR21.4M and total debt of SAR5.1M, which brings its debt-to-equity ratio to 23.9%. Its total assets and total liabilities are SAR90.0M and SAR68.6M respectively. Fad International's EBIT is SAR17.2M making its interest coverage ratio 9.8. It has cash and short-term investments of SAR5.0M.
Key information
23.9%
Debt to equity ratio
ر.س5.10m
Debt
| Interest coverage ratio | 9.8x |
| Cash | ر.س5.00m |
| Equity | ر.س21.35m |
| Total liabilities | ر.س68.61m |
| Total assets | ر.س89.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9589's short term assets (SAR55.1M) exceed its short term liabilities (SAR52.3M).
Long Term Liabilities: 9589's short term assets (SAR55.1M) exceed its long term liabilities (SAR16.3M).
Debt to Equity History and Analysis
Debt Level: 9589's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 9589's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9589's debt is well covered by operating cash flow (615.7%).
Interest Coverage: 9589's interest payments on its debt are well covered by EBIT (9.8x coverage).