Morabaha Marina Financing Balance Sheet Health
Financial Health criteria checks 3/6
Morabaha Marina Financing has a total shareholder equity of SAR839.7M and total debt of SAR571.0M, which brings its debt-to-equity ratio to 68%. Its total assets and total liabilities are SAR1.5B and SAR625.3M respectively.
Key information
68.0%
Debt to equity ratio
ر.س570.98m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.س148.02m |
| Equity | ر.س839.74m |
| Total liabilities | ر.س625.31m |
| Total assets | ر.س1.47b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4082's short term assets (SAR1.4B) exceed its short term liabilities (SAR352.3M).
Long Term Liabilities: 4082's short term assets (SAR1.4B) exceed its long term liabilities (SAR273.1M).
Debt to Equity History and Analysis
Debt Level: 4082's net debt to equity ratio (50.4%) is considered high.
Reducing Debt: 4082's debt to equity ratio has reduced from 152.4% to 68% 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.