Saudi Real Estate Balance Sheet Health
Financial Health criteria checks 2/6
Saudi Real Estate has a total shareholder equity of SAR4.9B and total debt of SAR3.1B, which brings its debt-to-equity ratio to 64%. Its total assets and total liabilities are SAR8.9B and SAR4.0B respectively. Saudi Real Estate's EBIT is SAR357.0M making its interest coverage ratio 1.8. It has cash and short-term investments of SAR837.7M.
Key information
64.0%
Debt to equity ratio
ر.س3.13b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ر.س837.67m |
| Equity | ر.س4.88b |
| Total liabilities | ر.س4.03b |
| Total assets | ر.س8.91b |
Recent financial health updates
No updates
Recent updates
Investors Still Aren't Entirely Convinced By Saudi Real Estate Company's (TADAWUL:4020) Revenues Despite 28% Price Jump
Jan 15
Saudi Real Estate Company (TADAWUL:4020) Could Be Riskier Than It Looks
Oct 03Saudi Real Estate's (TADAWUL:4020) Promising Earnings May Rest On Soft Foundations
Jun 02Shareholders Of Saudi Real Estate (TADAWUL:4020) Must Be Happy With Their 103% Total Return
Feb 18
Financial Position Analysis
Short Term Liabilities: 4020's short term assets (SAR2.2B) exceed its short term liabilities (SAR866.1M).
Long Term Liabilities: 4020's short term assets (SAR2.2B) do not cover its long term liabilities (SAR3.2B).
Debt to Equity History and Analysis
Debt Level: 4020's net debt to equity ratio (46.9%) is considered high.
Reducing Debt: 4020's debt to equity ratio has reduced from 119.3% to 64% over the past 5 years.
Debt Coverage: 4020's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4020's interest payments on its debt are not well covered by EBIT (1.8x coverage).