Saudi Azm for Communication and Information Technology Company

SASE:9534 Stock Report

Market Cap: ر.س1.4b

Saudi Azm for Communication and Information Technology Balance Sheet Health

Financial Health criteria checks 5/6

Saudi Azm for Communication and Information Technology has a total shareholder equity of SAR84.1M and total debt of SAR7.2M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are SAR192.2M and SAR108.1M respectively. Saudi Azm for Communication and Information Technology's EBIT is SAR19.9M making its interest coverage ratio 13.2. It has cash and short-term investments of SAR60.5M.

Key information

8.6%

Debt to equity ratio

ر.س7.21m

Debt

Interest coverage ratio13.2x
Cashر.س60.54m
Equityر.س84.12m
Total liabilitiesر.س108.12m
Total assetsر.س192.24m

Recent financial health updates

No updates

Recent updates

Some Confidence Is Lacking In Saudi Azm for Communication and Information Technology Company's (TADAWUL:9534) P/E

Feb 01
Some Confidence Is Lacking In Saudi Azm for Communication and Information Technology Company's (TADAWUL:9534) P/E

Statutory Profit Doesn't Reflect How Good Saudi Azm for Communication and Information Technology's (TADAWUL:9534) Earnings Are

Oct 07
Statutory Profit Doesn't Reflect How Good Saudi Azm for Communication and Information Technology's (TADAWUL:9534) Earnings Are

Financial Position Analysis

Short Term Liabilities: 9534's short term assets (SAR137.6M) exceed its short term liabilities (SAR91.4M).

Long Term Liabilities: 9534's short term assets (SAR137.6M) exceed its long term liabilities (SAR16.7M).


Debt to Equity History and Analysis

Debt Level: 9534 has more cash than its total debt.

Reducing Debt: Insufficient data to determine if 9534's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 9534's debt is well covered by operating cash flow (396.3%).

Interest Coverage: 9534's interest payments on its debt are well covered by EBIT (13.2x coverage).


Balance Sheet


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