Al-Wataniah towers Balance Sheet Health
Financial Health criteria checks 6/6
Al-Wataniah towers has a total shareholder equity of $26.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $28.9M and $2.5M respectively. Al-Wataniah towers's EBIT is $494.4K making its interest coverage ratio -408.9. It has cash and short-term investments of $1.5M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -408.9x |
| Cash | US$1.48m |
| Equity | US$26.37m |
| Total liabilities | US$2.54m |
| Total assets | US$28.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABRAJ's short term assets ($2.3M) exceed its short term liabilities ($447.2K).
Long Term Liabilities: ABRAJ's short term assets ($2.3M) exceed its long term liabilities ($2.1M).
Debt to Equity History and Analysis
Debt Level: ABRAJ is debt free.
Reducing Debt: ABRAJ has no debt compared to 5 years ago when its debt to equity ratio was 0.6%.
Debt Coverage: ABRAJ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ABRAJ has no debt, therefore coverage of interest payments is not a concern.