The National Shipping Company of Saudi Arabia

Saudi Stock Exchange 4030.SR

The National Shipping Company of Saudi Arabia Debt to Equity Ratio for the year ending December 31, 2024: 0.71

The National Shipping Company of Saudi Arabia Debt to Equity Ratio is 0.71 for the year ending December 31, 2024, a 1.12% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • The National Shipping Company of Saudi Arabia Debt to Equity Ratio for the year ending December 31, 2023 was 0.71, a -25.63% change year over year.
  • The National Shipping Company of Saudi Arabia Debt to Equity Ratio for the year ending December 31, 2022 was 0.95, a -11.83% change year over year.
  • The National Shipping Company of Saudi Arabia Debt to Equity Ratio for the year ending December 31, 2021 was 1.08, a 18.81% change year over year.
  • The National Shipping Company of Saudi Arabia Debt to Equity Ratio for the year ending December 31, 2020 was 0.91, a -12.63% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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SV Wall Street
Saudi Stock Exchange: 4030.SR

The National Shipping Company of Saudi Arabia

CEO Engineer Ahmed Ali Al-Subaey
IPO Date March 4, 2010
Location Saudi Arabia
Headquarters Olaya Towers, Tower B
Employees 281
Sector Industrials
Industries
Description

The National Shipping Company of Saudi Arabia, together with its subsidiaries, purchases, sells, and operates vessels for the transportation of cargo in the Kingdom of Saudi Arabia. The company operates through Transportation of Oil, Transportation of Chemicals, Logistics, and Transportation of Dry Bulk segments. It transports crude oil, petrochemical products, and liquified petroleum gas; provides technical ship management and logistics services; and packs and stores grain. The company also engages in agency activities for maritime shipping companies; cargo clearance and coordination for transport and storage on-board vessels; and other marine transport activities. In addition, it owns lands and properties; and owns shares in other companies. As of December 31, 2021, the company owned and operated 90 vessels, which included 47 crude carriers; 28 chemical tankers; 6 RoCon vessels; and 9 dry bulk carriers. The National Shipping Company of Saudi Arabia was founded in 1978 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

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StockViz Staff

February 12, 2025

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