Al Abdullatif Industrial Investment Company

Saudi Stock Exchange 2340.SR

Al Abdullatif Industrial Investment Company Interest Coverage Ratio for the year ending December 31, 2023

Al Abdullatif Industrial Investment Company Interest Coverage Ratio is NA for the year ending December 31, 2023. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Al Abdullatif Industrial Investment Company Interest Coverage Ratio for the year ending December 31, 2022 was -4.96, a 30.80% change year over year.
  • Al Abdullatif Industrial Investment Company Interest Coverage Ratio for the year ending December 31, 2021 was -7.17, a -1,536.47% change year over year.
  • Al Abdullatif Industrial Investment Company Interest Coverage Ratio for the year ending December 31, 2020 was 0.50, a -77.09% change year over year.
  • Al Abdullatif Industrial Investment Company Interest Coverage Ratio for the year ending December 31, 2019 was 2.18, a -69.89% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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SV Wall Street
Saudi Stock Exchange: 2340.SR

Al Abdullatif Industrial Investment Company

CEO Mr. Abdullatif Omar Suleiman Al Abdullatif
IPO Date March 3, 2010
Location Saudi Arabia
Headquarters 2nd New Industrial City
Employees 2,990
Sector Consumer Discretionary
Industries
Description

Al Abdullatif Industrial Investment Company, together with its subsidiaries, manufactures and sells carpets in the Kingdom of Saudi Arabia, Asia, North America, Africa, Europe, and Australia. The company operates through two segments, Carpet, Rugs and Related Products; and Blankets. It offers tufted and woven carpets, BCF yarns, carpet backings, masterbatches and colors, paper tubes, and blankets, as well as rugs for industrial, floor, travel, and prayer applications. The company is also involved in the production of yarn, polycarbonate filaments, plastic pipes and colorants, and carpet linings; and the provision of employees catering, transportation, and training services. It sells its products to manufacturers, exporters, importers, and retailers. The company was formerly known as Saudi Carpet Factory and changed its name to Al Abdullatif Industrial Investment Company in 2007. The company was founded in 1981 and is headquartered in Riyadh, the Kingdom of Saudi Arabia. Al Abdullatif Industrial Investment Company is a subsidiary of Al-Abdullatif Group Holding Company.

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StockViz Staff

February 12, 2025

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