Mulkia Gulf Real Estate REIT Balance Sheet Health
Financial Health criteria checks 1/6
Mulkia Gulf Real Estate REIT has a total shareholder equity of SAR792.1M and total debt of SAR476.9M, which brings its debt-to-equity ratio to 60.2%. Its total assets and total liabilities are SAR1.3B and SAR522.1M respectively. Mulkia Gulf Real Estate REIT's EBIT is SAR29.3M making its interest coverage ratio 0.8. It has cash and short-term investments of SAR10.6M.
Key information
60.2%
Debt to equity ratio
ر.س476.91m
Debt
| Interest coverage ratio | 0.8x |
| Cash | ر.س10.58m |
| Equity | ر.س792.13m |
| Total liabilities | ر.س522.09m |
| Total assets | ر.س1.31b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4336's short term assets (SAR58.7M) exceed its short term liabilities (SAR29.1M).
Long Term Liabilities: 4336's short term assets (SAR58.7M) do not cover its long term liabilities (SAR493.0M).
Debt to Equity History and Analysis
Debt Level: 4336's net debt to equity ratio (58.9%) is considered high.
Reducing Debt: 4336's debt to equity ratio has increased from 25.5% to 60.2% over the past 5 years.
Debt Coverage: 4336's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: 4336's interest payments on its debt are not well covered by EBIT (0.8x coverage).