Advance International Company for Communication and Information Technology Balance Sheet Health
Financial Health criteria checks 5/6
Advance International Company for Communication and Information Technology has a total shareholder equity of SAR42.5M and total debt of SAR8.5M, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are SAR70.2M and SAR27.7M respectively. Advance International Company for Communication and Information Technology's EBIT is SAR4.0M making its interest coverage ratio 29.2. It has cash and short-term investments of SAR3.1M.
Key information
20.0%
Debt to equity ratio
ر.س8.50m
Debt
| Interest coverage ratio | 29.2x |
| Cash | ر.س3.15m |
| Equity | ر.س42.46m |
| Total liabilities | ر.س27.73m |
| Total assets | ر.س70.19m |
Recent financial health updates
No updates
Recent updates
Advance International Company for Communication and Information Technology (TADAWUL:9524) Might Be Having Difficulty Using Its Capital Effectively
Dec 11
Advance International Company for Communication and Information Technology's (TADAWUL:9524) Shares Climb 25% But Its Business Is Yet to Catch Up
Nov 06Advance International Company for Communication and Information Technology's (TADAWUL:9524) 32% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio
Sep 09Here's What's Concerning About Advance International Company for Communication and Information Technology's (TADAWUL:9524) Returns On Capital
Jun 12Advance International Company for Communication and Information Technology (TADAWUL:9524) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
Apr 17Financial Position Analysis
Short Term Liabilities: 9524's short term assets (SAR49.3M) exceed its short term liabilities (SAR18.9M).
Long Term Liabilities: 9524's short term assets (SAR49.3M) exceed its long term liabilities (SAR8.9M).
Debt to Equity History and Analysis
Debt Level: 9524's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: 9524's debt to equity ratio has reduced from 48.9% to 20% over the past 5 years.
Debt Coverage: 9524's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9524's interest payments on its debt are well covered by EBIT (29.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 21:33 |
| End of Day Share Price | 2024/12/22 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Advance International Company for Communication and Information Technology is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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