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 ratio | 13.2x |
| Cash | ر.س60.54m |
| Equity | ر.س84.12m |
| Total liabilities | ر.س108.12m |
| Total assets | ر.س192.24m |
Recent financial health updates
No updates
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).