Saudi Ground Services Balance Sheet Health
Financial Health criteria checks 5/6
Saudi Ground Services has a total shareholder equity of SAR2.3B and total debt of SAR100.0M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are SAR4.2B and SAR1.9B respectively. Saudi Ground Services's EBIT is SAR228.2M making its interest coverage ratio -22. It has cash and short-term investments of SAR703.5M.
Key information
4.3%
Debt to equity ratio
ر.س100.00m
Debt
| Interest coverage ratio | -22x |
| Cash | ر.س703.53m |
| Equity | ر.س2.33b |
| Total liabilities | ر.س1.90b |
| Total assets | ر.س4.23b |
Recent financial health updates
Recent updates
Saudi Ground Services' (TADAWUL:4031) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Apr 26
Saudi Ground Services Company's (TADAWUL:4031) 36% Share Price Surge Not Quite Adding Up
Mar 11Saudi Ground Services Company's (TADAWUL:4031) Shareholders Might Be Looking For Exit
Jan 07Some Investors May Be Worried About Saudi Ground Services' (TADAWUL:4031) Returns On Capital
Dec 11Be Wary Of Saudi Ground Services (TADAWUL:4031) And Its Returns On Capital
Aug 18Calculating The Intrinsic Value Of Saudi Ground Services Company (TADAWUL:4031)
Jul 14Estimating The Fair Value Of Saudi Ground Services Company (TADAWUL:4031)
Mar 13A Look At The Fair Value Of Saudi Ground Services Company (TADAWUL:4031)
Aug 26Here's Why We're Not Too Worried About Saudi Ground Services' (TADAWUL:4031) Cash Burn Situation
Aug 19How Much Did Saudi Ground Services'(TADAWUL:4031) Shareholders Earn From Share Price Movements Over The Last Five Years?
Mar 03Financial Position Analysis
Short Term Liabilities: 4031's short term assets (SAR2.6B) exceed its short term liabilities (SAR1.2B).
Long Term Liabilities: 4031's short term assets (SAR2.6B) exceed its long term liabilities (SAR709.5M).
Debt to Equity History and Analysis
Debt Level: 4031 has more cash than its total debt.
Reducing Debt: 4031's debt to equity ratio has increased from 0% to 4.3% over the past 5 years.
Debt Coverage: 4031's debt is well covered by operating cash flow (342%).
Interest Coverage: 4031 earns more interest than it pays, so coverage of interest payments is not a concern.