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 ratio | 52.9x |
| Cash | ر.س8.90m |
| Equity | ر.س39.03m |
| Total liabilities | ر.س21.68m |
| Total assets | ر.س60.72m |
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).