Saudi Networkers Services Balance Sheet Health
Financial Health criteria checks 5/6
Saudi Networkers Services has a total shareholder equity of SAR105.9M and total debt of SAR29.4M, which brings its debt-to-equity ratio to 27.8%. Its total assets and total liabilities are SAR216.6M and SAR110.7M respectively. Saudi Networkers Services's EBIT is SAR47.3M making its interest coverage ratio 14.6. It has cash and short-term investments of SAR27.9M.
Key information
27.8%
Debt to equity ratio
ر.س29.41m
Debt
| Interest coverage ratio | 14.6x |
| Cash | ر.س27.86m |
| Equity | ر.س105.90m |
| Total liabilities | ر.س110.72m |
| Total assets | ر.س216.62m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9543's short term assets (SAR212.1M) exceed its short term liabilities (SAR80.6M).
Long Term Liabilities: 9543's short term assets (SAR212.1M) exceed its long term liabilities (SAR30.1M).
Debt to Equity History and Analysis
Debt Level: 9543's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 9543's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9543's debt is well covered by operating cash flow (135.8%).
Interest Coverage: 9543's interest payments on its debt are well covered by EBIT (14.6x coverage).