Quara Finance Balance Sheet Health
Financial Health criteria checks 4/6
Quara Finance has a total shareholder equity of SAR386.9M and total debt of SAR393.1M, which brings its debt-to-equity ratio to 101.6%. Its total assets and total liabilities are SAR825.3M and SAR438.4M respectively.
Key information
101.6%
Debt to equity ratio
ر.س393.11m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.س106.16m |
| Equity | ر.س386.90m |
| Total liabilities | ر.س438.43m |
| Total assets | ر.س825.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9596's short term assets (SAR812.6M) exceed its short term liabilities (SAR239.2M).
Long Term Liabilities: 9596's short term assets (SAR812.6M) exceed its long term liabilities (SAR199.2M).
Debt to Equity History and Analysis
Debt Level: 9596's net debt to equity ratio (74.2%) is considered high.
Reducing Debt: 9596's debt to equity ratio has reduced from 115.1% to 101.6% over the past 5 years.
Debt Coverage: 9596's debt is well covered by operating cash flow (28.2%).
Interest Coverage: Insufficient data to determine if 9596's interest payments on its debt are well covered by EBIT.