MEEZA QSTP (Public) Balance Sheet Health
Financial Health criteria checks 5/6
MEEZA QSTP (Public) has a total shareholder equity of QAR708.8M and total debt of QAR124.9M, which brings its debt-to-equity ratio to 17.6%. Its total assets and total liabilities are QAR1.1B and QAR431.6M respectively. MEEZA QSTP (Public)'s EBIT is QAR63.5M making its interest coverage ratio 8. It has cash and short-term investments of QAR240.7M.
Key information
17.6%
Debt to equity ratio
ر.ق124.95m
Debt
| Interest coverage ratio | 8x |
| Cash | ر.ق240.67m |
| Equity | ر.ق708.77m |
| Total liabilities | ر.ق431.63m |
| Total assets | ر.ق1.14b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MEZA's short term assets (QAR536.0M) exceed its short term liabilities (QAR136.5M).
Long Term Liabilities: MEZA's short term assets (QAR536.0M) exceed its long term liabilities (QAR295.2M).
Debt to Equity History and Analysis
Debt Level: MEZA has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MEZA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MEZA's debt is well covered by operating cash flow (64.4%).
Interest Coverage: MEZA's interest payments on its debt are well covered by EBIT (8x coverage).