Taleem REIT Fund Balance Sheet Health
Financial Health criteria checks 2/6
Taleem REIT Fund has a total shareholder equity of SAR546.0M and total debt of SAR298.2M, which brings its debt-to-equity ratio to 54.6%. Its total assets and total liabilities are SAR865.0M and SAR319.0M respectively. Taleem REIT Fund's EBIT is SAR54.0M making its interest coverage ratio 3. It has cash and short-term investments of SAR17.5M.
Key information
54.6%
Debt to equity ratio
ر.س298.19m
Debt
| Interest coverage ratio | 3x |
| Cash | ر.س17.54m |
| Equity | ر.س546.00m |
| Total liabilities | ر.س318.97m |
| Total assets | ر.س864.97m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4333's short term assets (SAR117.4M) exceed its short term liabilities (SAR20.8M).
Long Term Liabilities: 4333's short term assets (SAR117.4M) do not cover its long term liabilities (SAR298.2M).
Debt to Equity History and Analysis
Debt Level: 4333's net debt to equity ratio (51.4%) is considered high.
Reducing Debt: 4333's debt to equity ratio has increased from 0% to 54.6% over the past 5 years.
Debt Coverage: 4333's debt is well covered by operating cash flow (20.3%).
Interest Coverage: 4333's interest payments on its debt are not well covered by EBIT (3x coverage).