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 MYR758.3M, which brings its debt-to-equity ratio to 70.7%. Its total assets and total liabilities are MYR1.9B and MYR780.9M respectively. Al-'Aqar Healthcare REIT's EBIT is MYR104.5M making its interest coverage ratio 2.7. It has cash and short-term investments of MYR40.1M.
Key information
70.7%
Debt to equity ratio
RM 758.32m
Debt
| Interest coverage ratio | 2.7x |
| Cash | RM 40.05m |
| Equity | RM 1.07b |
| Total liabilities | RM 780.93m |
| Total assets | RM 1.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALAQAR's short term assets (MYR209.0M) exceed its short term liabilities (MYR84.6M).
Long Term Liabilities: ALAQAR's short term assets (MYR209.0M) do not cover its long term liabilities (MYR696.3M).
Debt to Equity History and Analysis
Debt Level: ALAQAR's net debt to equity ratio (67%) is considered high.
Reducing Debt: ALAQAR's debt to equity ratio has increased from 63.6% to 70.7% over the past 5 years.
Debt Coverage: ALAQAR's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: ALAQAR's interest payments on its debt are not well covered by EBIT (2.7x coverage).