Emaar The Economic City Balance Sheet Health
Financial Health criteria checks 1/6
Emaar The Economic City has a total shareholder equity of SAR6.4B and total debt of SAR6.9B, which brings its debt-to-equity ratio to 107.7%. Its total assets and total liabilities are SAR15.1B and SAR8.7B respectively. Emaar The Economic City's EBIT is SAR104.8M making its interest coverage ratio 4029.2. It has cash and short-term investments of SAR179.1M.
Key information
107.7%
Debt to equity ratio
ر.س6.90b
Debt
| Interest coverage ratio | 4029.2x |
| Cash | ر.س179.08m |
| Equity | ر.س6.41b |
| Total liabilities | ر.س8.74b |
| Total assets | ر.س15.15b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4220's short term assets (SAR1.9B) do not cover its short term liabilities (SAR8.7B).
Long Term Liabilities: 4220's short term assets (SAR1.9B) exceed its long term liabilities (SAR74.4M).
Debt to Equity History and Analysis
Debt Level: 4220's net debt to equity ratio (104.9%) is considered high.
Reducing Debt: 4220's debt to equity ratio has increased from 102.3% to 107.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 4220 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 4220 has less than a year of cash runway if free cash flow continues to grow at historical rates of 37.5% each year.