Al-Rakaez Investment Balance Sheet Health
Financial Health criteria checks 4/6
Al-Rakaez Investment has a total shareholder equity of JOD11.0M and total debt of JOD406.2K, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are JOD11.9M and JOD882.0K respectively. Al-Rakaez Investment's EBIT is JOD116.9K making its interest coverage ratio 3. It has cash and short-term investments of JOD134.6K.
Key information
3.7%
Debt to equity ratio
د.أ406.17k
Debt
| Interest coverage ratio | 3x |
| Cash | د.أ134.61k |
| Equity | د.أ11.03m |
| Total liabilities | د.أ881.95k |
| Total assets | د.أ11.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RICS's short term assets (JOD462.3K) do not cover its short term liabilities (JOD607.5K).
Long Term Liabilities: RICS's short term assets (JOD462.3K) exceed its long term liabilities (JOD274.4K).
Debt to Equity History and Analysis
Debt Level: RICS's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: RICS's debt to equity ratio has reduced from 7.9% to 3.7% over the past 5 years.
Debt Coverage: RICS's debt is well covered by operating cash flow (123.8%).
Interest Coverage: RICS's interest payments on its debt are not well covered by EBIT (3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 21:43 |
| End of Day Share Price | 2024/12/29 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Al-Rakaez Investment Co. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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