Estithmar Holding Q.P.S.C Balance Sheet Health
Financial Health criteria checks 3/6
Estithmar Holding Q.P.S.C has a total shareholder equity of QAR4.8B and total debt of QAR2.2B, which brings its debt-to-equity ratio to 45.6%. Its total assets and total liabilities are QAR9.0B and QAR4.2B respectively. Estithmar Holding Q.P.S.C's EBIT is QAR497.3M making its interest coverage ratio 3.8. It has cash and short-term investments of QAR197.5M.
Key information
45.6%
Debt to equity ratio
ر.ق2.19b
Debt
| Interest coverage ratio | 3.8x |
| Cash | ر.ق197.48m |
| Equity | ر.ق4.80b |
| Total liabilities | ر.ق4.21b |
| Total assets | ر.ق9.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: IGRD's short term assets (QAR3.2B) exceed its short term liabilities (QAR2.5B).
Long Term Liabilities: IGRD's short term assets (QAR3.2B) exceed its long term liabilities (QAR1.7B).
Debt to Equity History and Analysis
Debt Level: IGRD's net debt to equity ratio (41.5%) is considered high.
Reducing Debt: Insufficient data to determine if IGRD's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IGRD's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: IGRD's interest payments on its debt are well covered by EBIT (3.8x coverage).