Miahona Balance Sheet Health
Financial Health criteria checks 3/6
Miahona has a total shareholder equity of SAR393.2M and total debt of SAR442.9M, which brings its debt-to-equity ratio to 112.6%. Its total assets and total liabilities are SAR989.3M and SAR596.1M respectively. Miahona's EBIT is SAR70.3M making its interest coverage ratio 5.4. It has cash and short-term investments of SAR152.2M.
Key information
112.6%
Debt to equity ratio
ر.س442.94m
Debt
Interest coverage ratio | 5.4x |
Cash | ر.س152.23m |
Equity | ر.س393.24m |
Total liabilities | ر.س596.10m |
Total assets | ر.س989.34m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 2084's short term assets (SAR325.9M) exceed its short term liabilities (SAR150.0M).
Long Term Liabilities: 2084's short term assets (SAR325.9M) do not cover its long term liabilities (SAR446.1M).
Debt to Equity History and Analysis
Debt Level: 2084's net debt to equity ratio (73.9%) 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 (29.9%).
Interest Coverage: 2084's interest payments on its debt are well covered by EBIT (5.4x coverage).