Mazaya Real Estate Development Q.P.S.C Balance Sheet Health
Financial Health criteria checks 1/6
Mazaya Real Estate Development Q.P.S.C has a total shareholder equity of QAR955.4M and total debt of QAR1.5B, which brings its debt-to-equity ratio to 151.9%. Its total assets and total liabilities are QAR2.6B and QAR1.7B respectively. Mazaya Real Estate Development Q.P.S.C's EBIT is QAR62.7M making its interest coverage ratio 1. It has cash and short-term investments of QAR53.3M.
Key information
151.9%
Debt to equity ratio
ر.ق1.45b
Debt
| Interest coverage ratio | 1x |
| Cash | ر.ق53.28m |
| Equity | ر.ق955.37m |
| Total liabilities | ر.ق1.67b |
| Total assets | ر.ق2.63b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MRDS's short term assets (QAR316.4M) exceed its short term liabilities (QAR301.6M).
Long Term Liabilities: MRDS's short term assets (QAR316.4M) do not cover its long term liabilities (QAR1.4B).
Debt to Equity History and Analysis
Debt Level: MRDS's net debt to equity ratio (146.3%) is considered high.
Reducing Debt: MRDS's debt to equity ratio has increased from 64.1% to 151.9% over the past 5 years.
Debt Coverage: MRDS's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: MRDS's interest payments on its debt are not well covered by EBIT (1x coverage).