East Pipes Integrated Company for Industry

Saudi Stock Exchange 1321.SR

East Pipes Integrated Company for Industry Interest Coverage Ratio for the year ending March 31, 2024: 11.14

East Pipes Integrated Company for Industry Interest Coverage Ratio is 11.14 for the year ending March 31, 2024, a 70.78% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • East Pipes Integrated Company for Industry Interest Coverage Ratio for the year ending March 31, 2023 was 6.53, a 913.14% change year over year.
  • East Pipes Integrated Company for Industry Interest Coverage Ratio for the year ending March 31, 2022 was 0.64, a -93.03% change year over year.
  • East Pipes Integrated Company for Industry Interest Coverage Ratio for the year ending March 31, 2021 was 9.24, a 39.21% change year over year.
  • East Pipes Integrated Company for Industry Interest Coverage Ratio for the year ending March 31, 2020 was 6.64, a 493.71% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
Market news
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Saudi Stock Exchange: 1321.SR

East Pipes Integrated Company for Industry

CEO Mr. Mohammed Abdelaziz Mohammed Al-Shaheen
IPO Date Feb. 17, 2022
Location Saudi Arabia
Headquarters Dammam 2nd Industrial City
Employees 487
Sector Energy
Industries
Description

East Pipes Integrated Company for Industry manufactures and sells spiral steel pipes in the Kingdom of Saudi Arabia. The company provides steel pipes for water, oil, and gas applications; double jointing solutions; coating solutions, including environmental applications; and ancillary services comprising laboratory and technical support services, as well as yard management systems. It is also involved in export activities. The company was formerly known as Welspun Middle East Pipes LLC and changed its name to East Pipes Integrated Company for Industry in January 2021. The company was incorporated in 2010 and is based in Dammam, the Kingdom of Saudi Arabia. East Pipes Integrated Company for Industry is a subsidiary of Welspun Mauritius Holdings Ltd.

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StockViz Staff

January 15, 2025

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