Musharaka REIT Fund Balance Sheet Health
Financial Health criteria checks 1/6
Musharaka REIT Fund has a total shareholder equity of SAR799.9M and total debt of SAR660.8M, which brings its debt-to-equity ratio to 82.6%. Its total assets and total liabilities are SAR1.6B and SAR841.5M respectively. Musharaka REIT Fund's EBIT is SAR34.7M making its interest coverage ratio 0.7. It has cash and short-term investments of SAR27.8M.
Key information
82.6%
Debt to equity ratio
ر.س660.76m
Debt
Interest coverage ratio | 0.7x |
Cash | ر.س27.76m |
Equity | ر.س799.90m |
Total liabilities | ر.س841.49m |
Total assets | ر.س1.64b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4335's short term assets (SAR284.4M) exceed its short term liabilities (SAR53.6M).
Long Term Liabilities: 4335's short term assets (SAR284.4M) do not cover its long term liabilities (SAR787.9M).
Debt to Equity History and Analysis
Debt Level: 4335's net debt to equity ratio (79.1%) is considered high.
Reducing Debt: 4335's debt to equity ratio has increased from 18% to 82.6% over the past 5 years.
Debt Coverage: 4335's debt is not well covered by operating cash flow (1.7%).
Interest Coverage: 4335's interest payments on its debt are not well covered by EBIT (0.7x coverage).