Riyad REIT Fund Balance Sheet Health
Financial Health criteria checks 2/6
Riyad REIT Fund has a total shareholder equity of SAR1.5B and total debt of SAR1.4B, which brings its debt-to-equity ratio to 97.8%. Its total assets and total liabilities are SAR3.0B and SAR1.6B respectively. Riyad REIT Fund's EBIT is SAR107.4M making its interest coverage ratio 1.2. It has cash and short-term investments of SAR914.9M.
Key information
97.8%
Debt to equity ratio
ر.س1.43b
Debt
| Interest coverage ratio | 1.2x |
| Cash | ر.س914.85m |
| Equity | ر.س1.47b |
| Total liabilities | ر.س1.57b |
| Total assets | ر.س3.04b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4330's short term assets (SAR1.0B) exceed its short term liabilities (SAR102.5M).
Long Term Liabilities: 4330's short term assets (SAR1.0B) do not cover its long term liabilities (SAR1.5B).
Debt to Equity History and Analysis
Debt Level: 4330's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: 4330's debt to equity ratio has increased from 5.4% to 97.8% over the past 5 years.
Debt Coverage: 4330's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: 4330's interest payments on its debt are not well covered by EBIT (1.2x coverage).