Theeb Rent A Car Company

SASE:4261 Stock Report

Market Cap: ر.س3.2b

Theeb Rent A Car Balance Sheet Health

Financial Health criteria checks 1/6

Theeb Rent A Car has a total shareholder equity of SAR801.4M and total debt of SAR1.3B, which brings its debt-to-equity ratio to 157.8%. Its total assets and total liabilities are SAR2.5B and SAR1.7B respectively. Theeb Rent A Car's EBIT is SAR247.0M making its interest coverage ratio 3.1. It has cash and short-term investments of SAR46.7M.

Key information

157.8%

Debt to equity ratio

ر.س1.26b

Debt

Interest coverage ratio3.1x
Cashر.س46.75m
Equityر.س801.45m
Total liabilitiesر.س1.66b
Total assetsر.س2.46b

Recent financial health updates

No updates

Recent updates

Theeb Rent A Car's (TADAWUL:4261) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 15
Theeb Rent A Car's (TADAWUL:4261) Shareholders Will Receive A Bigger Dividend Than Last Year

Here's What To Make Of Theeb Rent A Car's (TADAWUL:4261) Decelerating Rates Of Return

Sep 26
Here's What To Make Of Theeb Rent A Car's (TADAWUL:4261) Decelerating Rates Of Return

Theeb Rent A Car's (TADAWUL:4261) Upcoming Dividend Will Be Larger Than Last Year's

Aug 12
Theeb Rent A Car's (TADAWUL:4261) Upcoming Dividend Will Be Larger Than Last Year's

Sentiment Still Eluding Theeb Rent A Car Company (TADAWUL:4261)

Aug 06
Sentiment Still Eluding Theeb Rent A Car Company (TADAWUL:4261)

Insufficient Growth At Theeb Rent A Car Company (TADAWUL:4261) Hampers Share Price

Feb 08
Insufficient Growth At Theeb Rent A Car Company (TADAWUL:4261) Hampers Share Price

Theeb Rent A Car (TADAWUL:4261) Is Investing Its Capital With Increasing Efficiency

Nov 14
Theeb Rent A Car (TADAWUL:4261) Is Investing Its Capital With Increasing Efficiency

Here's Why We Think Theeb Rent A Car (TADAWUL:4261) Is Well Worth Watching

Sep 08
Here's Why We Think Theeb Rent A Car (TADAWUL:4261) Is Well Worth Watching

The Returns At Theeb Rent A Car (TADAWUL:4261) Aren't Growing

Jul 07
The Returns At Theeb Rent A Car (TADAWUL:4261) Aren't Growing

We Ran A Stock Scan For Earnings Growth And Theeb Rent A Car (TADAWUL:4261) Passed With Ease

Jun 08
We Ran A Stock Scan For Earnings Growth And Theeb Rent A Car (TADAWUL:4261) Passed With Ease

Theeb Rent A Car (TADAWUL:4261) Is Increasing Its Dividend To SAR0.59

Apr 01
Theeb Rent A Car (TADAWUL:4261) Is Increasing Its Dividend To SAR0.59

Not Many Are Piling Into Theeb Rent A Car Company (TADAWUL:4261) Just Yet

Mar 06
Not Many Are Piling Into Theeb Rent A Car Company (TADAWUL:4261) Just Yet

Calculating The Fair Value Of Theeb Rent A Car Company (TADAWUL:4261)

Sep 22
Calculating The Fair Value Of Theeb Rent A Car Company (TADAWUL:4261)

Theeb Rent A Car's (TADAWUL:4261) Earnings Are Weaker Than They Seem

Aug 22
Theeb Rent A Car's (TADAWUL:4261) Earnings Are Weaker Than They Seem

Theeb Rent A Car (TADAWUL:4261) Has More To Do To Multiply In Value Going Forward

May 16
Theeb Rent A Car (TADAWUL:4261) Has More To Do To Multiply In Value Going Forward

Financial Position Analysis

Short Term Liabilities: 4261's short term assets (SAR477.8M) do not cover its short term liabilities (SAR956.2M).

Long Term Liabilities: 4261's short term assets (SAR477.8M) do not cover its long term liabilities (SAR704.2M).

Debt to Equity History and Analysis

Debt Level: 4261's net debt to equity ratio (152%) is considered high.

Reducing Debt: 4261's debt to equity ratio has increased from 133.7% to 157.8% over the past 5 years.

Debt Coverage: 4261's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 4261's interest payments on its debt are well covered by EBIT (3.1x coverage).

Balance Sheet

Discover healthy companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 20:19
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Theeb Rent A Car Company is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jassim Al-JubranAljazira Capital Company
Muhammad SaadAl Rajhi Capital
Hatem AlaaEFG-Hermes Research