Salam International Investment Limited Q.P.S.C Balance Sheet Health
Financial Health criteria checks 2/6
Salam International Investment Limited Q.P.S.C has a total shareholder equity of QAR1.7B and total debt of QAR2.1B, which brings its debt-to-equity ratio to 126.3%. Its total assets and total liabilities are QAR4.4B and QAR2.7B respectively. Salam International Investment Limited Q.P.S.C's EBIT is QAR156.6M making its interest coverage ratio 1.3. It has cash and short-term investments of QAR169.0M.
Key information
126.3%
Debt to equity ratio
ر.ق2.15b
Debt
Interest coverage ratio | 1.3x |
Cash | ر.ق168.97m |
Equity | ر.ق1.70b |
Total liabilities | ر.ق2.70b |
Total assets | ر.ق4.40b |
Financial Position Analysis
Short Term Liabilities: SIIS's short term assets (QAR1.4B) exceed its short term liabilities (QAR834.9M).
Long Term Liabilities: SIIS's short term assets (QAR1.4B) do not cover its long term liabilities (QAR1.9B).
Debt to Equity History and Analysis
Debt Level: SIIS's net debt to equity ratio (116.4%) is considered high.
Reducing Debt: SIIS's debt to equity ratio has reduced from 200.9% to 126.3% over the past 5 years.
Debt Coverage: SIIS's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: SIIS's interest payments on its debt are not well covered by EBIT (1.3x coverage).