Natural Gas Distribution Balance Sheet Health
Financial Health criteria checks 5/6
Natural Gas Distribution has a total shareholder equity of SAR57.1M and total debt of SAR6.1M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are SAR90.9M and SAR33.8M respectively. Natural Gas Distribution's EBIT is SAR3.4M making its interest coverage ratio -4.5. It has cash and short-term investments of SAR15.4M.
Key information
10.8%
Debt to equity ratio
ر.س6.14m
Debt
| Interest coverage ratio | -4.5x |
| Cash | ر.س15.40m |
| Equity | ر.س57.09m |
| Total liabilities | ر.س33.79m |
| Total assets | ر.س90.88m |
Recent financial health updates
No updates
Recent updates
What Natural Gas Distribution Company's (TADAWUL:9516) P/E Is Not Telling You
Nov 11
Return Trends At Natural Gas Distribution (TADAWUL:9516) Aren't Appealing
Sep 04Natural Gas Distribution (TADAWUL:9516) Has More To Do To Multiply In Value Going Forward
Apr 09Slowing Rates Of Return At Natural Gas Distribution (TADAWUL:9516) Leave Little Room For Excitement
Oct 25Revenues Not Telling The Story For Natural Gas Distribution Company (TADAWUL:9516)
Jul 09Returns On Capital Signal Difficult Times Ahead For Natural Gas Distribution (TADAWUL:9516)
Feb 06Financial Position Analysis
Short Term Liabilities: 9516's short term assets (SAR34.1M) exceed its short term liabilities (SAR32.0M).
Long Term Liabilities: 9516's short term assets (SAR34.1M) exceed its long term liabilities (SAR1.8M).
Debt to Equity History and Analysis
Debt Level: 9516 has more cash than its total debt.
Reducing Debt: 9516's debt to equity ratio has reduced from 12.6% to 10.8% over the past 5 years.
Debt Coverage: 9516's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9516 earns more interest than it pays, so coverage of interest payments is not a concern.