Taleem REIT Fund Balance Sheet Health
Financial Health criteria checks 1/6
Taleem REIT Fund has a total shareholder equity of SAR549.8M and total debt of SAR297.3M, which brings its debt-to-equity ratio to 54.1%. Its total assets and total liabilities are SAR858.6M and SAR308.8M respectively. Taleem REIT Fund's EBIT is SAR56.0M making its interest coverage ratio 2.5. It has cash and short-term investments of SAR6.5M.
Key information
54.1%
Debt to equity ratio
ر.س297.31m
Debt
| Interest coverage ratio | 2.5x |
| Cash | ر.س6.50m |
| Equity | ر.س549.81m |
| Total liabilities | ر.س308.83m |
| Total assets | ر.س858.63m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4333's short term assets (SAR152.0M) exceed its short term liabilities (SAR11.5M).
Long Term Liabilities: 4333's short term assets (SAR152.0M) do not cover its long term liabilities (SAR297.3M).
Debt to Equity History and Analysis
Debt Level: 4333's net debt to equity ratio (52.9%) is considered high.
Reducing Debt: 4333's debt to equity ratio has increased from 0% to 54.1% over the past 5 years.
Debt Coverage: 4333's debt is not well covered by operating cash flow (17.2%).
Interest Coverage: 4333's interest payments on its debt are not well covered by EBIT (2.5x coverage).