Al Meera Consumer Goods Company Q.P.S.C Balance Sheet Health
Financial Health criteria checks 3/6
Al Meera Consumer Goods Company Q.P.S.C has a total shareholder equity of QAR1.6B and total debt of QAR416.9M, which brings its debt-to-equity ratio to 25.7%. Its total assets and total liabilities are QAR3.0B and QAR1.4B respectively. Al Meera Consumer Goods Company Q.P.S.C's EBIT is QAR181.3M making its interest coverage ratio -45.5. It has cash and short-term investments of QAR87.3M.
Key information
25.7%
Debt to equity ratio
ر.ق416.89m
Debt
| Interest coverage ratio | -45.5x |
| Cash | ر.ق87.33m |
| Equity | ر.ق1.62b |
| Total liabilities | ر.ق1.37b |
| Total assets | ر.ق2.99b |
Recent financial health updates
No updates
Recent updates
Al Meera Consumer Goods Company Q.P.S.C.'s (DSM:MERS) Shares May Have Run Too Fast Too Soon
Jun 05
Is Al Meera Consumer Goods Company Q.P.S.C. (DSM:MERS) Trading At A 22% Discount?
Jan 10Is There An Opportunity With Al Meera Consumer Goods Company Q.P.S.C.'s (DSM:MERS) 38% Undervaluation?
Jun 24Are Investors Undervaluing Al Meera Consumer Goods Company Q.P.S.C. (DSM:MERS) By 29%?
Mar 15There Are Reasons To Feel Uneasy About Al Meera Consumer Goods Company Q.P.S.C's (DSM:MERS) Returns On Capital
May 09Key Things To Watch Out For If You Are After Al Meera Consumer Goods Company Q.P.S.C.'s (DSM:MERS) 4.3% Dividend
Mar 24Al Meera Consumer Goods Company Q.P.S.C (DSM:MERS) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Mar 03Al Meera Consumer Goods Company Q.P.S.C.'s (DSM:MERS) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?
Mar 01Is There More Growth In Store For Al Meera Consumer Goods Company Q.P.S.C's (DSM:MERS) Returns On Capital?
Feb 05
Shareholders Of Al Meera Consumer Goods Company Q.P.S.C (DSM:MERS) Must Be Happy With Their 72% Return
Jan 12Here's How We Evaluate Al Meera Consumer Goods Company Q.P.S.C.'s (DSM:MERS) Dividend
Dec 21Does Al Meera Consumer Goods Company Q.P.S.C.'s (DSM:MERS) Weak Fundamentals Mean A Downturn In Its Stock Should Be Expected?
Nov 30Financial Position Analysis
Short Term Liabilities: MERS's short term assets (QAR633.0M) do not cover its short term liabilities (QAR720.7M).
Long Term Liabilities: MERS's short term assets (QAR633.0M) do not cover its long term liabilities (QAR649.8M).
Debt to Equity History and Analysis
Debt Level: MERS's net debt to equity ratio (20.3%) is considered satisfactory.
Reducing Debt: MERS's debt to equity ratio has increased from 15.9% to 25.7% over the past 5 years.
Debt Coverage: MERS's debt is well covered by operating cash flow (46.5%).
Interest Coverage: MERS earns more interest than it pays, so coverage of interest payments is not a concern.