Edarat Communication and Information Technology Co.

SASE:9557 Stock Report

Market Cap: ر.س884.0m

Edarat Communication and Information Technology Balance Sheet Health

Financial Health criteria checks 5/6

Edarat Communication and Information Technology has a total shareholder equity of SAR39.0M and total debt of SAR743.6K, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are SAR60.7M and SAR21.7M respectively. Edarat Communication and Information Technology's EBIT is SAR20.2M making its interest coverage ratio 52.9. It has cash and short-term investments of SAR8.9M.

Key information

1.9%

Debt to equity ratio

ر.س743.63k

Debt

Interest coverage ratio52.9x
Cashر.س8.90m
Equityر.س39.03m
Total liabilitiesر.س21.68m
Total assetsر.س60.72m

Recent financial health updates

No updates

Recent updates

Optimistic Investors Push Edarat Communication and Information Technology Co. (TADAWUL:9557) Shares Up 27% But Growth Is Lacking

May 09
Optimistic Investors Push Edarat Communication and Information Technology Co. (TADAWUL:9557) Shares Up 27% But Growth Is Lacking

Many Would Be Envious Of Edarat Communication and Information Technology's (TADAWUL:9557) Excellent Returns On Capital

Apr 17
Many Would Be Envious Of Edarat Communication and Information Technology's (TADAWUL:9557) Excellent Returns On Capital

Is Now The Time To Put Edarat Communication and Information Technology (TADAWUL:9557) On Your Watchlist?

Mar 04
Is Now The Time To Put Edarat Communication and Information Technology (TADAWUL:9557) On Your Watchlist?

Financial Position Analysis

Short Term Liabilities: 9557's short term assets (SAR49.9M) exceed its short term liabilities (SAR16.3M).

Long Term Liabilities: 9557's short term assets (SAR49.9M) exceed its long term liabilities (SAR5.4M).


Debt to Equity History and Analysis

Debt Level: 9557 has more cash than its total debt.

Reducing Debt: Insufficient data to determine if 9557's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 9557's debt is well covered by operating cash flow (661.7%).

Interest Coverage: 9557's interest payments on its debt are well covered by EBIT (52.9x coverage).


Balance Sheet


Discover healthy companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.