Alahli Capital - Al-Ahli Reit Fund Balance Sheet Health
Financial Health criteria checks 0/6
Alahli Capital - Al-Ahli Reit Fund has a total shareholder equity of SAR1.2B and total debt of SAR680.2M, which brings its debt-to-equity ratio to 55.8%. Its total assets and total liabilities are SAR2.0B and SAR798.3M respectively. Alahli Capital - Al-Ahli Reit Fund's EBIT is SAR73.3M making its interest coverage ratio 1.9. It has cash and short-term investments of SAR12.4M.
Key information
55.8%
Debt to equity ratio
ر.س680.22m
Debt
| Interest coverage ratio | 1.9x |
| Cash | ر.س12.42m |
| Equity | ر.س1.22b |
| Total liabilities | ر.س798.27m |
| Total assets | ر.س2.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4338's short term assets (SAR92.7M) do not cover its short term liabilities (SAR118.1M).
Long Term Liabilities: 4338's short term assets (SAR92.7M) do not cover its long term liabilities (SAR680.2M).
Debt to Equity History and Analysis
Debt Level: 4338's net debt to equity ratio (54.8%) is considered high.
Reducing Debt: 4338's debt to equity ratio has increased from 0% to 55.8% over the past 5 years.
Debt Coverage: 4338's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: 4338's interest payments on its debt are not well covered by EBIT (1.9x coverage).