Riyad REIT Fund Balance Sheet Health
Financial Health criteria checks 2/6
Riyad REIT Fund has a total shareholder equity of SAR1.4B and total debt of SAR1.4B, which brings its debt-to-equity ratio to 99.2%. Its total assets and total liabilities are SAR3.0B and SAR1.6B respectively. Riyad REIT Fund's EBIT is SAR99.3M making its interest coverage ratio 0.9. It has cash and short-term investments of SAR881.2M.
Key information
99.2%
Debt to equity ratio
ر.س1.44b
Debt
| Interest coverage ratio | 0.9x |
| Cash | ر.س881.24m |
| Equity | ر.س1.45b |
| Total liabilities | ر.س1.57b |
| Total assets | ر.س3.01b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4330's short term assets (SAR1.0B) exceed its short term liabilities (SAR458.1M).
Long Term Liabilities: 4330's short term assets (SAR1.0B) do not cover its long term liabilities (SAR1.1B).
Debt to Equity History and Analysis
Debt Level: 4330's net debt to equity ratio (38.3%) is considered satisfactory.
Reducing Debt: 4330's debt to equity ratio has increased from 18.2% to 99.2% over the past 5 years.
Debt Coverage: 4330's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: 4330's interest payments on its debt are not well covered by EBIT (0.9x coverage).