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 SAR49.6M and total debt of SAR36.0K, which brings its debt-to-equity ratio to 0.07%. Its total assets and total liabilities are SAR72.0M and SAR22.3M respectively. Edarat Communication and Information Technology's EBIT is SAR23.4M making its interest coverage ratio 59.9. It has cash and short-term investments of SAR12.6M.
Key information
0.07%
Debt to equity ratio
ر.س35.98k
Debt
| Interest coverage ratio | 59.9x |
| Cash | ر.س12.61m |
| Equity | ر.س49.65m |
| Total liabilities | ر.س22.31m |
| Total assets | ر.س71.96m |
Recent financial health updates
No updates
Recent updates
Edarat Communication and Information Technology (TADAWUL:9557) Is Reinvesting To Multiply In Value
Jul 29
Edarat Communication and Information Technology Co. (TADAWUL:9557) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Jul 03Optimistic Investors Push Edarat Communication and Information Technology Co. (TADAWUL:9557) Shares Up 27% But Growth Is Lacking
May 09Many Would Be Envious Of Edarat Communication and Information Technology's (TADAWUL:9557) Excellent Returns On Capital
Apr 17Is Now The Time To Put Edarat Communication and Information Technology (TADAWUL:9557) On Your Watchlist?
Mar 04Financial Position Analysis
Short Term Liabilities: 9557's short term assets (SAR60.8M) exceed its short term liabilities (SAR16.5M).
Long Term Liabilities: 9557's short term assets (SAR60.8M) exceed its long term liabilities (SAR5.8M).
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 (14712.8%).
Interest Coverage: 9557's interest payments on its debt are well covered by EBIT (59.9x coverage).