Dar Al Arkan Real Estate Development Balance Sheet Health
Financial Health criteria checks 3/6
Dar Al Arkan Real Estate Development has a total shareholder equity of SAR20.3B and total debt of SAR10.1B, which brings its debt-to-equity ratio to 49.7%. Its total assets and total liabilities are SAR33.7B and SAR13.4B respectively. Dar Al Arkan Real Estate Development's EBIT is SAR865.3M making its interest coverage ratio 1.5. It has cash and short-term investments of SAR5.4B.
Key information
49.7%
Debt to equity ratio
ر.س10.08b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ر.س5.45b |
| Equity | ر.س20.29b |
| Total liabilities | ر.س13.36b |
| Total assets | ر.س33.66b |
Recent financial health updates
No updates
Recent updates
With Dar Al Arkan Real Estate Development Company (TADAWUL:4300) It Looks Like You'll Get What You Pay For
Feb 20
Analysts Are More Bearish On Dar Al Arkan Real Estate Development Company (TADAWUL:4300) Than They Used To Be
Apr 07Investors Who Bought Dar Al Arkan Real Estate Development (TADAWUL:4300) Shares Five Years Ago Are Now Up 91%
Mar 08Dar Al Arkan Real Estate Development Company Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
Nov 19Financial Position Analysis
Short Term Liabilities: 4300's short term assets (SAR9.5B) exceed its short term liabilities (SAR4.3B).
Long Term Liabilities: 4300's short term assets (SAR9.5B) exceed its long term liabilities (SAR9.1B).
Debt to Equity History and Analysis
Debt Level: 4300's net debt to equity ratio (22.8%) is considered satisfactory.
Reducing Debt: 4300's debt to equity ratio has increased from 35.2% to 49.7% over the past 5 years.
Debt Coverage: 4300's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: 4300's interest payments on its debt are not well covered by EBIT (1.5x coverage).