Almarai Company

Saudi Stock Exchange 2280.SR

Almarai Company Interest Coverage Ratio for the year ending December 31, 2024: 5.26

Almarai Company Interest Coverage Ratio is 5.26 for the year ending December 31, 2024, a 12.60% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Almarai Company Interest Coverage Ratio for the year ending December 31, 2023 was 4.67, a -11.82% change year over year.
Almarai Company Interest Coverage Ratio for the year ending December 31, 2022 was 5.30, a -5.39% change year over year.
Almarai Company Interest Coverage Ratio for the year ending December 31, 2021 was 5.60, a 6.90% change year over year.
Almarai Company Interest Coverage Ratio for the year ending December 31, 2020 was 5.24, a 21.81% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Saudi Stock Exchange: 2280.SR

Almarai Company

CEO	Mr. Abdullah Nasser Albader
IPO Date	March 4, 2010
Location	Saudi Arabia
Headquarters	Exit 7
Employees	41,044
Sector	Consumers Staples
Industries Bread & Bakery Consumer Packaged Goods Dairy & Milk Food & Beverages Specialty Retail

Description

Almarai Company, together with its subsidiaries, operates as an integrated consumer food and beverage company in Saudi Arabia, Egypt, Jordan, and other Gulf Cooperation Council countries. It operates through Dairy and Juice, Bakery, Poultry, and Other Activities segments. The company offers dairy, fruit juice, and related food products under the Almarai, Joosy Life, Beyti, and Teeba brand names; bakery products under the L'usine and 7 Days brand names; and poultry products under the Alyoum and AlBashayer brand names. It also owns and operates arable farms; provides horticulture services; and manufactures infant nutrition products under the Nuralac and Evolac brand names. The company was founded in 1977 and is headquartered in Riyadh, Saudi Arabia.

Key trends

Past 5 years