SICO Capital - SICO Saudi REIT Fund Balance Sheet Health
Financial Health criteria checks 4/6
SICO Capital - SICO Saudi REIT Fund has a total shareholder equity of SAR358.0M and total debt of SAR149.9M, which brings its debt-to-equity ratio to 41.9%. Its total assets and total liabilities are SAR527.5M and SAR169.6M respectively.
Key information
41.9%
Debt to equity ratio
ر.س149.89m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.س15.18m |
| Equity | ر.س357.96m |
| Total liabilities | ر.س169.57m |
| Total assets | ر.س527.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4337's short term assets (SAR21.3M) do not cover its short term liabilities (SAR167.4M).
Long Term Liabilities: 4337's short term assets (SAR21.3M) exceed its long term liabilities (SAR2.2M).
Debt to Equity History and Analysis
Debt Level: 4337's net debt to equity ratio (37.6%) is considered satisfactory.
Reducing Debt: 4337's debt to equity ratio has increased from 0% to 41.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 4337 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 4337 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 14.7% per year.