Naseej for Technology Balance Sheet Health
Financial Health criteria checks 4/6
Naseej for Technology has a total shareholder equity of SAR127.3M and total debt of SAR20.8M, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are SAR258.0M and SAR130.7M respectively. Naseej for Technology's EBIT is SAR15.6M making its interest coverage ratio 7. It has cash and short-term investments of SAR13.8M.
Key information
16.4%
Debt to equity ratio
ر.س20.82m
Debt
| Interest coverage ratio | 7x |
| Cash | ر.س13.77m |
| Equity | ر.س127.32m |
| Total liabilities | ر.س130.67m |
| Total assets | ر.س257.98m |
Recent financial health updates
No updates
Recent updates
Naseej for Technology Co.'s (TADAWUL:9538) Popularity With Investors Is Under Threat From Overpricing
Aug 05
Returns On Capital At Naseej for Technology (TADAWUL:9538) Have Stalled
Jun 06Naseej for Technology's (TADAWUL:9538) Returns Have Hit A Wall
Feb 22Returns On Capital At Naseej for Technology (TADAWUL:9538) Have Stalled
Nov 02Naseej for Technology (TADAWUL:9538) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Aug 29Financial Position Analysis
Short Term Liabilities: 9538's short term assets (SAR236.4M) exceed its short term liabilities (SAR105.5M).
Long Term Liabilities: 9538's short term assets (SAR236.4M) exceed its long term liabilities (SAR25.2M).
Debt to Equity History and Analysis
Debt Level: 9538's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 9538's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9538's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9538's interest payments on its debt are well covered by EBIT (7x coverage).