Nahdi Medical Company

Saudi Stock Exchange 4164.SR

Nahdi Medical Company Debt to Equity Ratio for the year ending December 31, 2023: 0.48

Nahdi Medical Company Debt to Equity Ratio is 0.48 for the year ending December 31, 2023, a -8.39% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Nahdi Medical Company Debt to Equity Ratio for the year ending December 31, 2022 was 0.52, a -38.56% change year over year.
Nahdi Medical Company Debt to Equity Ratio for the year ending December 31, 2021 was 0.85, a 42.65% change year over year.
Nahdi Medical Company Debt to Equity Ratio for the year ending December 31, 2020 was 0.59, a -12.93% change year over year.
Nahdi Medical Company Debt to Equity Ratio for the year ending December 31, 2019 was 0.68, a 0.00% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Saudi Stock Exchange: 4164.SR

Nahdi Medical Company

CEO	Mr. Yasser Ghulam Bin Abdulaziz Joharji
IPO Date	April 18, 2022
Location	Saudi Arabia
Headquarters	Abraq Al-Roghamah District
Employees	5,169
Sector	Healthcare
Industries Drugstores & Retail Pharmacies Cosmetics Personal Care Pharmaceuticals Specialty Retail

Description

Nahdi Medical Company operates as a pharmaceutical retailer in the Kingdom of Saudi Arabia and the United Arab Emirates. The company offers pharmaceutical and health products, such as medicine, wellness, mom and baby, beauty, and other FMCG products. It also provides omni-health services through its polyclinics, express clinics, telemedicine, labs, and home healthcare. In addition, the company engages in the wholesale and retail trading of cosmetics, pharmaceutical products, special and healthy foods, and medical equipment. It operates approximately 1,151 pharmacies. The company was founded in 1986 and is headquartered in Jeddah, the Kingdom of Saudi Arabia. Nahdi Medical Company operates as a subsidiary of Alnahdi Holding Company Limited and Saudi Economic and Development Company Limited.

Key trends

Past 5 years