Al Aqariya Trading Investment Balance Sheet Health
Financial Health criteria checks 4/6
Al Aqariya Trading Investment has a total shareholder equity of $11.6M and total debt of $4.5M, which brings its debt-to-equity ratio to 38.6%. Its total assets and total liabilities are $19.1M and $7.6M respectively. Al Aqariya Trading Investment's EBIT is $1.1M making its interest coverage ratio 10.8. It has cash and short-term investments of $1.6M.
Key information
38.6%
Debt to equity ratio
US$4.47m
Debt
Interest coverage ratio | 10.8x |
Cash | US$1.64m |
Equity | US$11.57m |
Total liabilities | US$7.58m |
Total assets | US$19.15m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AQARIYA's short term assets ($10.9M) exceed its short term liabilities ($4.9M).
Long Term Liabilities: AQARIYA's short term assets ($10.9M) exceed its long term liabilities ($2.7M).
Debt to Equity History and Analysis
Debt Level: AQARIYA's net debt to equity ratio (24.4%) is considered satisfactory.
Reducing Debt: AQARIYA's debt to equity ratio has increased from 5.1% to 38.6% over the past 5 years.
Debt Coverage: AQARIYA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AQARIYA's interest payments on its debt are well covered by EBIT (10.8x coverage).