Morabaha Marina Financing Balance Sheet Health
Financial Health criteria checks 3/6
Morabaha Marina Financing has a total shareholder equity of SAR842.2M and total debt of SAR443.5M, which brings its debt-to-equity ratio to 52.7%. Its total assets and total liabilities are SAR1.3B and SAR500.4M respectively.
Key information
52.7%
Debt to equity ratio
ر.س443.54m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.س94.78m |
| Equity | ر.س842.23m |
| Total liabilities | ر.س500.35m |
| Total assets | ر.س1.34b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4082's short term assets (SAR1.3B) exceed its short term liabilities (SAR268.3M).
Long Term Liabilities: 4082's short term assets (SAR1.3B) exceed its long term liabilities (SAR232.0M).
Debt to Equity History and Analysis
Debt Level: 4082's net debt to equity ratio (41.4%) is considered high.
Reducing Debt: 4082's debt to equity ratio has reduced from 120.4% to 52.7% over the past 5 years.
Debt Coverage: 4082's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 4082's interest payments on its debt are well covered by EBIT.