Seef Properties B.S.C Balance Sheet Health
Financial Health criteria checks 5/6
Seef Properties B.S.C has a total shareholder equity of BHD164.5M and total debt of BHD7.8M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are BHD179.0M and BHD14.5M respectively. Seef Properties B.S.C's EBIT is BHD6.7M making its interest coverage ratio -31. It has cash and short-term investments of BHD2.2M.
Key information
4.8%
Debt to equity ratio
ب.د7.83m
Debt
Interest coverage ratio | -31x |
Cash | ب.د2.24m |
Equity | ب.د164.54m |
Total liabilities | ب.د14.45m |
Total assets | ب.د178.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SEEF's short term assets (BHD28.4M) exceed its short term liabilities (BHD4.9M).
Long Term Liabilities: SEEF's short term assets (BHD28.4M) exceed its long term liabilities (BHD9.5M).
Debt to Equity History and Analysis
Debt Level: SEEF's net debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: SEEF's debt to equity ratio has increased from 4.7% to 4.8% over the past 5 years.
Debt Coverage: SEEF's debt is well covered by operating cash flow (106.4%).
Interest Coverage: SEEF earns more interest than it pays, so coverage of interest payments is not a concern.