Saudi Cable Company SJSC

The company's capital structure is marked by a negative total equity of SAR -214.35 million and a debt-to-equity ratio of -0.5, indicating a leveraged position with liabilities exceeding assets. Despite a negative operating cash flow of SAR -94.89 million, the firm reported positive free cash flow of SAR 213.41 million, suggesting potential operational efficiency or non-operational inflows. The current ratio of 0.25 highlights liquidity constraints, with current assets significantly lower than current liabilities. Profitability metrics reveal a challenging operating environment. The company reported a net income of SAR 201.93 million, but this was accompanied by a gross loss of SAR -31.30 million and an operating loss of SAR -101.01 million. Return on assets (ROA) of 0.2322 indicates a modest return relative to total assets, while the return on equity (ROE) of -0.942 reflects the negative equity position. The company operates through two segments: the sale of manufactured goods and turnkey power and telecommunication projects. Revenue concentration data is not provided, but the dual business model suggests exposure to both product and project-based markets. The company's geographic exposure is primarily within Saudi Arabia, with no disclosed international operations. Growth trajectory appears mixed. The company reported revenue of SAR 155.95 million in the latest period, but historical revenue growth data is not available. Analysts have recorded a negative EPS of SAR -8.28, signaling potential earnings pressure. Risk factors include medium liquidity risk due to the current ratio of 0.25 and a negative net cash position after subtracting total debt. Dilution risk is assessed as low, with no near-term pressure indicated. The company's capital expenditure of SAR -4.35 million suggests minimal investment in growth. Recent events include the latest financial filing, which disclosed a net income despite significant operating and gross losses. No recent transcripts or filings beyond the financial snapshot are provided for further insight.