Saudi Public Transport Balance Sheet Health
Financial Health criteria checks 3/6
Saudi Public Transport has a total shareholder equity of SAR921.7M and total debt of SAR1.3B, which brings its debt-to-equity ratio to 140.6%. Its total assets and total liabilities are SAR4.0B and SAR3.1B respectively. Saudi Public Transport's EBIT is SAR84.0M making its interest coverage ratio 1. It has cash and short-term investments of SAR448.1M.
Key information
140.6%
Debt to equity ratio
ر.س1.30b
Debt
| Interest coverage ratio | 1x |
| Cash | ر.س448.13m |
| Equity | ر.س921.69m |
| Total liabilities | ر.س3.11b |
| Total assets | ر.س4.04b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4040's short term assets (SAR1.8B) exceed its short term liabilities (SAR1.2B).
Long Term Liabilities: 4040's short term assets (SAR1.8B) do not cover its long term liabilities (SAR1.9B).
Debt to Equity History and Analysis
Debt Level: 4040's net debt to equity ratio (92%) is considered high.
Reducing Debt: 4040's debt to equity ratio has increased from 24.8% to 140.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 4040 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 4040 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 35% each year