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 QAR2.2B, which brings its debt-to-equity ratio to 127.3%. Its total assets and total liabilities are QAR4.4B and QAR2.7B respectively. Salam International Investment Limited Q.P.S.C's EBIT is QAR180.1M making its interest coverage ratio 1.5. It has cash and short-term investments of QAR184.6M.
Key information
127.3%
Debt to equity ratio
ر.ق2.18b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ر.ق184.61m |
| Equity | ر.ق1.71b |
| Total liabilities | ر.ق2.74b |
| Total assets | ر.ق4.45b |
Financial Position Analysis
Short Term Liabilities: SIIS's short term assets (QAR1.4B) exceed its short term liabilities (QAR912.4M).
Long Term Liabilities: SIIS's short term assets (QAR1.4B) do not cover its long term liabilities (QAR1.8B).
Debt to Equity History and Analysis
Debt Level: SIIS's net debt to equity ratio (116.6%) is considered high.
Reducing Debt: SIIS's debt to equity ratio has reduced from 206.3% to 127.3% over the past 5 years.
Debt Coverage: SIIS's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: SIIS's interest payments on its debt are not well covered by EBIT (1.5x coverage).