Middle East Healthcare Company

Saudi Stock Exchange 4009.SR

Middle East Healthcare Company Interest Coverage Ratio for the year ending December 31, 2023: 2.26

Middle East Healthcare Company Interest Coverage Ratio is 2.26 for the year ending December 31, 2023, a -1.45% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Middle East Healthcare Company Interest Coverage Ratio for the year ending December 31, 2022 was 2.30, a 33.30% change year over year.
Middle East Healthcare Company Interest Coverage Ratio for the year ending December 31, 2021 was 1.72, a -54.06% change year over year.
Middle East Healthcare Company Interest Coverage Ratio for the year ending December 31, 2020 was 3.75, a -38.65% change year over year.
Middle East Healthcare Company Interest Coverage Ratio for the year ending December 31, 2019 was 6.11, a -58.31% change year over year.

Key data

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

Saudi Stock Exchange: 4009.SR

Middle East Healthcare Company

CEO	Dr. Ahmed Mohamed Shebl Al-Atris
IPO Date	March 29, 2016
Location	Saudi Arabia
Headquarters	4, Batterjee Road
Employees	4,322
Sector	Healthcare
Industries Hospitals & Clinics

Description

Middle East Healthcare Company, a healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa. The company operates multi-specialty tertiary level hospitals, which comprise Saudi German HospitalJeddah with 218 beds; Saudi German Hospital-Aseer with 400 beds; Saudi German Hospital-Riyadh with 300 beds; Saudi German Hospital-Madinah with 300 beds; and Saudi German Hospital-Hail with 150 beds. Its multi-specialty tertiary care hospitals also include Saudi German Hospital-Dammam with 150 to 300 beds; Saudi German Hospital-Sanaa with 300 beds; Saudi German HospitalDubai with 300 beds; Saudi German HospitalSharjah with 50 beds; Saudi German HospitalAjman with 100-200 beds; and Saudi German Hospital-Cairo with 332 beds. The company was founded in 1988 and is based in Jeddah, the Kingdom of Saudi Arabia.

Key trends

Past 5 years