Naseej for Technology Balance Sheet Health
Financial Health criteria checks 5/6
Naseej for Technology has a total shareholder equity of SAR118.9M and total debt of SAR9.6M, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are SAR214.2M and SAR95.3M respectively. Naseej for Technology's EBIT is SAR17.4M making its interest coverage ratio 17.7. It has cash and short-term investments of SAR16.1M.
Key information
8.0%
Debt to equity ratio
ر.س9.55m
Debt
| Interest coverage ratio | 17.7x |
| Cash | ر.س16.12m |
| Equity | ر.س118.86m |
| Total liabilities | ر.س95.34m |
| Total assets | ر.س214.20m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9538's short term assets (SAR201.1M) exceed its short term liabilities (SAR68.9M).
Long Term Liabilities: 9538's short term assets (SAR201.1M) exceed its long term liabilities (SAR26.4M).
Debt to Equity History and Analysis
Debt Level: 9538 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 9538's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9538's debt is well covered by operating cash flow (20.9%).
Interest Coverage: 9538's interest payments on its debt are well covered by EBIT (17.7x coverage).