Riyal Investment and Development Balance Sheet Health
Financial Health criteria checks 2/6
Riyal Investment and Development has a total shareholder equity of SAR133.6M and total debt of SAR41.0M, which brings its debt-to-equity ratio to 30.7%. Its total assets and total liabilities are SAR307.1M and SAR173.5M respectively. Riyal Investment and Development's EBIT is SAR29.5M making its interest coverage ratio 2. It has cash and short-term investments of SAR1.5M.
Key information
30.7%
Debt to equity ratio
ر.س40.98m
Debt
| Interest coverage ratio | 2x |
| Cash | ر.س1.53m |
| Equity | ر.س133.62m |
| Total liabilities | ر.س173.51m |
| Total assets | ر.س307.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9584's short term assets (SAR61.8M) do not cover its short term liabilities (SAR98.8M).
Long Term Liabilities: 9584's short term assets (SAR61.8M) do not cover its long term liabilities (SAR74.7M).
Debt to Equity History and Analysis
Debt Level: 9584's net debt to equity ratio (29.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 9584's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9584's debt is well covered by operating cash flow (82.9%).
Interest Coverage: 9584's interest payments on its debt are not well covered by EBIT (2x coverage).