Mekdam Holding Group - Q.P.S.C Balance Sheet Health
Financial Health criteria checks 4/6
Mekdam Holding Group - Q.P.S.C has a total shareholder equity of QAR216.5M and total debt of QAR30.9M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are QAR353.8M and QAR137.3M respectively. Mekdam Holding Group - Q.P.S.C's EBIT is QAR43.9M making its interest coverage ratio 14.6. It has cash and short-term investments of QAR9.0M.
Key information
14.2%
Debt to equity ratio
ر.ق30.85m
Debt
| Interest coverage ratio | 14.6x |
| Cash | ر.ق9.03m |
| Equity | ر.ق216.52m |
| Total liabilities | ر.ق137.25m |
| Total assets | ر.ق353.78m |
Recent financial health updates
No updates
Recent updates
We Believe Mekdam Holding Group - Q.P.S.C's (DSM:MKDM) Earnings Are A Poor Guide For Its Profitability
Aug 06
Mekdam Holding Group - Q.P.S.C's (DSM:MKDM) Profits Appear To Have Quality Issues
Feb 05Mekdam Holding Group - Q.P.S.C's (DSM:MKDM) Shareholders May Want To Dig Deeper Than Statutory Profit
Feb 05Financial Position Analysis
Short Term Liabilities: MKDM's short term assets (QAR272.7M) exceed its short term liabilities (QAR126.1M).
Long Term Liabilities: MKDM's short term assets (QAR272.7M) exceed its long term liabilities (QAR11.1M).
Debt to Equity History and Analysis
Debt Level: MKDM's net debt to equity ratio (10.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MKDM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MKDM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MKDM's interest payments on its debt are well covered by EBIT (14.6x coverage).