Purity for Information Technology Balance Sheet Health
Financial Health criteria checks 4/6
Purity for Information Technology has a total shareholder equity of SAR16.1M and total debt of SAR8.6M, which brings its debt-to-equity ratio to 53.3%. Its total assets and total liabilities are SAR35.3M and SAR19.2M respectively. Purity for Information Technology's EBIT is SAR5.5M making its interest coverage ratio 6.9. It has cash and short-term investments of SAR2.6M.
Key information
53.3%
Debt to equity ratio
ر.س8.56m
Debt
| Interest coverage ratio | 6.9x |
| Cash | ر.س2.56m |
| Equity | ر.س16.07m |
| Total liabilities | ر.س19.22m |
| Total assets | ر.س35.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9614's short term assets (SAR32.9M) exceed its short term liabilities (SAR18.7M).
Long Term Liabilities: 9614's short term assets (SAR32.9M) exceed its long term liabilities (SAR506.4K).
Debt to Equity History and Analysis
Debt Level: 9614's net debt to equity ratio (37.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 9614's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9614's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9614's interest payments on its debt are well covered by EBIT (6.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 12:11 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Purity for Information Technology Company is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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