Al Mahhar Holding Company Q.P.S.C Balance Sheet Health
Financial Health criteria checks 5/6
Al Mahhar Holding Company Q.P.S.C has a total shareholder equity of QAR341.7M and total debt of QAR27.7M, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are QAR620.7M and QAR279.1M respectively. Al Mahhar Holding Company Q.P.S.C's EBIT is QAR17.8M making its interest coverage ratio 3.9. It has cash and short-term investments of QAR70.9M.
Key information
8.1%
Debt to equity ratio
ر.ق27.69m
Debt
Interest coverage ratio | 3.9x |
Cash | ر.ق70.87m |
Equity | ر.ق341.68m |
Total liabilities | ر.ق279.05m |
Total assets | ر.ق620.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MHAR's short term assets (QAR449.7M) exceed its short term liabilities (QAR195.2M).
Long Term Liabilities: MHAR's short term assets (QAR449.7M) exceed its long term liabilities (QAR83.8M).
Debt to Equity History and Analysis
Debt Level: MHAR has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MHAR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MHAR's debt is well covered by operating cash flow (114.6%).
Interest Coverage: MHAR's interest payments on its debt are well covered by EBIT (3.9x coverage).