Advance International Company for Communication and Information Technology Balance Sheet Health
Financial Health criteria checks 6/6
Advance International Company for Communication and Information Technology has a total shareholder equity of SAR38.8M and total debt of SAR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SAR58.5M and SAR19.8M respectively. Advance International Company for Communication and Information Technology's EBIT is SAR7.0M making its interest coverage ratio 24. It has cash and short-term investments of SAR764.3K.
Key information
0%
Debt to equity ratio
ر.س0
Debt
| Interest coverage ratio | 24x |
| Cash | ر.س764.32k |
| Equity | ر.س38.76m |
| Total liabilities | ر.س19.78m |
| Total assets | ر.س58.54m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9524's short term assets (SAR38.9M) exceed its short term liabilities (SAR18.3M).
Long Term Liabilities: 9524's short term assets (SAR38.9M) exceed its long term liabilities (SAR1.5M).
Debt to Equity History and Analysis
Debt Level: 9524 is debt free.
Reducing Debt: 9524 had no debt 5 years ago.
Debt Coverage: 9524 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 9524 has no debt, therefore coverage of interest payments is not a concern.