Al-'Aqar Healthcare REIT Balance Sheet Health
Financial Health criteria checks 1/6
Al-'Aqar Healthcare REIT has a total shareholder equity of MYR1.1B and total debt of MYR758.7M, which brings its debt-to-equity ratio to 71%. Its total assets and total liabilities are MYR1.8B and MYR781.6M respectively. Al-'Aqar Healthcare REIT's EBIT is MYR102.8M making its interest coverage ratio 2.7. It has cash and short-term investments of MYR33.7M.
Key information
71.0%
Debt to equity ratio
RM 758.73m
Debt
| Interest coverage ratio | 2.7x |
| Cash | RM 33.70m |
| Equity | RM 1.07b |
| Total liabilities | RM 781.60m |
| Total assets | RM 1.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALAQAR's short term assets (MYR205.1M) exceed its short term liabilities (MYR85.0M).
Long Term Liabilities: ALAQAR's short term assets (MYR205.1M) do not cover its long term liabilities (MYR696.6M).
Debt to Equity History and Analysis
Debt Level: ALAQAR's net debt to equity ratio (67.9%) is considered high.
Reducing Debt: ALAQAR's debt to equity ratio has increased from 63.5% to 71% over the past 5 years.
Debt Coverage: ALAQAR's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: ALAQAR's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 10:53 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| 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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Al-'Aqar Healthcare REIT is covered by 2 analysts. 1 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 |
|---|---|
| Low Soo Fang | AmInvestment Bank Berhad |
| Jze Low | MIDF Research |