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 MYR757.7M, which brings its debt-to-equity ratio to 70.7%. Its total assets and total liabilities are MYR1.9B and MYR783.7M respectively. Al-'Aqar Healthcare REIT's EBIT is MYR105.2M making its interest coverage ratio 2.7. It has cash and short-term investments of MYR84.3M.
Key information
70.7%
Debt to equity ratio
RM757.75m
Debt
Interest coverage ratio | 2.7x |
Cash | RM84.33m |
Equity | RM1.07b |
Total liabilities | RM783.69m |
Total assets | RM1.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALAQAR's short term assets (MYR212.8M) exceed its short term liabilities (MYR87.9M).
Long Term Liabilities: ALAQAR's short term assets (MYR212.8M) do not cover its long term liabilities (MYR695.8M).
Debt to Equity History and Analysis
Debt Level: ALAQAR's net debt to equity ratio (62.8%) is considered high.
Reducing Debt: ALAQAR's debt to equity ratio has increased from 63.7% to 70.7% over the past 5 years.
Debt Coverage: ALAQAR's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: ALAQAR's interest payments on its debt are not well covered by EBIT (2.7x coverage).