Miahona Balance Sheet Health
Financial Health criteria checks 3/6
Miahona has a total shareholder equity of SAR419.3M and total debt of SAR509.4M, which brings its debt-to-equity ratio to 121.5%. Its total assets and total liabilities are SAR1.1B and SAR657.7M respectively. Miahona's EBIT is SAR69.9M making its interest coverage ratio 5.9. It has cash and short-term investments of SAR201.8M.
Key information
121.5%
Debt to equity ratio
ر.س509.40m
Debt
| Interest coverage ratio | 5.9x |
| Cash | ر.س201.77m |
| Equity | ر.س419.34m |
| Total liabilities | ر.س657.67m |
| Total assets | ر.س1.08b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2084's short term assets (SAR345.6M) exceed its short term liabilities (SAR210.1M).
Long Term Liabilities: 2084's short term assets (SAR345.6M) do not cover its long term liabilities (SAR447.5M).
Debt to Equity History and Analysis
Debt Level: 2084's net debt to equity ratio (73.4%) is considered high.
Reducing Debt: Insufficient data to determine if 2084's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2084's debt is well covered by operating cash flow (28.6%).
Interest Coverage: 2084's interest payments on its debt are well covered by EBIT (5.9x coverage).