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 QAR1.0B and total debt of QAR1.5B, which brings its debt-to-equity ratio to 146.9%. Its total assets and total liabilities are QAR2.7B and QAR1.7B respectively. Mazaya Real Estate Development Q.P.S.C's EBIT is QAR62.0M making its interest coverage ratio 1.3. It has cash and short-term investments of QAR199.4M.
Key information
146.9%
Debt to equity ratio
ر.ق1.52b
Debt
Interest coverage ratio | 1.3x |
Cash | ر.ق199.41m |
Equity | ر.ق1.03b |
Total liabilities | ر.ق1.65b |
Total assets | ر.ق2.68b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MRDS's short term assets (QAR303.0M) exceed its short term liabilities (QAR185.1M).
Long Term Liabilities: MRDS's short term assets (QAR303.0M) do not cover its long term liabilities (QAR1.5B).
Debt to Equity History and Analysis
Debt Level: MRDS's net debt to equity ratio (127.6%) is considered high.
Reducing Debt: MRDS's debt to equity ratio has increased from 52.7% to 146.9% over the past 5 years.
Debt Coverage: MRDS's debt is not well covered by operating cash flow (5.5%).
Interest Coverage: MRDS's interest payments on its debt are not well covered by EBIT (1.3x coverage).