Saudi Networkers Services Balance Sheet Health
Financial Health criteria checks 5/6
Saudi Networkers Services has a total shareholder equity of SAR85.3M and total debt of SAR34.6M, which brings its debt-to-equity ratio to 40.6%. Its total assets and total liabilities are SAR206.3M and SAR121.1M respectively. Saudi Networkers Services's EBIT is SAR33.2M making its interest coverage ratio 18. It has cash and short-term investments of SAR10.6M.
Key information
40.6%
Debt to equity ratio
ر.س34.61m
Debt
| Interest coverage ratio | 18x |
| Cash | ر.س10.65m |
| Equity | ر.س85.29m |
| Total liabilities | ر.س121.06m |
| Total assets | ر.س206.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9543's short term assets (SAR200.9M) exceed its short term liabilities (SAR95.8M).
Long Term Liabilities: 9543's short term assets (SAR200.9M) exceed its long term liabilities (SAR25.2M).
Debt to Equity History and Analysis
Debt Level: 9543's net debt to equity ratio (28.1%) 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 (85.1%).
Interest Coverage: 9543's interest payments on its debt are well covered by EBIT (18x coverage).