Quara Finance Balance Sheet Health
Financial Health criteria checks 4/6
Quara Finance has a total shareholder equity of SAR405.1M and total debt of SAR302.1M, which brings its debt-to-equity ratio to 74.6%. Its total assets and total liabilities are SAR752.2M and SAR347.1M respectively.
Key information
74.6%
Debt to equity ratio
ر.س302.12m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.س51.58m |
| Equity | ر.س405.09m |
| Total liabilities | ر.س347.06m |
| Total assets | ر.س752.15m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9596's short term assets (SAR739.2M) exceed its short term liabilities (SAR155.2M).
Long Term Liabilities: 9596's short term assets (SAR739.2M) exceed its long term liabilities (SAR191.9M).
Debt to Equity History and Analysis
Debt Level: 9596's net debt to equity ratio (61.8%) is considered high.
Reducing Debt: 9596's debt to equity ratio has reduced from 142.5% to 74.6% over the past 5 years.
Debt Coverage: 9596's debt is well covered by operating cash flow (59%).
Interest Coverage: Insufficient data to determine if 9596's interest payments on its debt are well covered by EBIT.