Baladna Q.P.S.C Balance Sheet Health
Financial Health criteria checks 2/6
Baladna Q.P.S.C has a total shareholder equity of QAR2.3B and total debt of QAR2.1B, which brings its debt-to-equity ratio to 92%. Its total assets and total liabilities are QAR4.8B and QAR2.5B respectively. Baladna Q.P.S.C's EBIT is QAR103.1M making its interest coverage ratio 1.8. It has cash and short-term investments of QAR50.0M.
Key information
92.0%
Debt to equity ratio
ر.ق2.09b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ر.ق50.00m |
| Equity | ر.ق2.27b |
| Total liabilities | ر.ق2.52b |
| Total assets | ر.ق4.80b |
Recent financial health updates
No updates
Recent updates
Baladna Q.P.S.C (DSM:BLDN) Is Experiencing Growth In Returns On Capital
Nov 03
There's Been No Shortage Of Growth Recently For Baladna Q.P.S.C's (DSM:BLDN) Returns On Capital
Feb 02Baladna Q.P.S.C (DSM:BLDN) Might Have The Makings Of A Multi-Bagger
May 31Baladna Q.P.S.C's (DSM:BLDN) Shareholders May Want To Dig Deeper Than Statutory Profit
Mar 27Do Insiders Own Lots Of Shares In Baladna Q.P.S.C. (DSM:BLDN)?
Mar 21What Is The Ownership Structure Like For Baladna Q.P.S.C. (DSM:BLDN)?
Dec 06Financial Position Analysis
Short Term Liabilities: BLDN's short term assets (QAR853.8M) exceed its short term liabilities (QAR644.8M).
Long Term Liabilities: BLDN's short term assets (QAR853.8M) do not cover its long term liabilities (QAR1.9B).
Debt to Equity History and Analysis
Debt Level: BLDN's net debt to equity ratio (89.8%) is considered high.
Reducing Debt: BLDN's debt to equity ratio has reduced from 451.7% to 92% over the past 5 years.
Debt Coverage: BLDN's debt is not well covered by operating cash flow (12%).
Interest Coverage: BLDN's interest payments on its debt are not well covered by EBIT (1.8x coverage).