Derayah Financial - Derayah Reit Fund Balance Sheet Health
Financial Health criteria checks 1/6
Derayah Financial - Derayah Reit Fund has a total shareholder equity of SAR884.5M and total debt of SAR608.0M, which brings its debt-to-equity ratio to 68.7%. Its total assets and total liabilities are SAR1.5B and SAR629.0M respectively. Derayah Financial - Derayah Reit Fund's EBIT is SAR74.6M making its interest coverage ratio 1.5. It has cash and short-term investments of SAR4.8M.
Key information
68.7%
Debt to equity ratio
ر.س607.98m
Debt
| Interest coverage ratio | 1.5x |
| Cash | ر.س4.83m |
| Equity | ر.س884.48m |
| Total liabilities | ر.س629.00m |
| Total assets | ر.س1.51b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4339's short term assets (SAR73.9M) exceed its short term liabilities (SAR21.0M).
Long Term Liabilities: 4339's short term assets (SAR73.9M) do not cover its long term liabilities (SAR608.0M).
Debt to Equity History and Analysis
Debt Level: 4339's net debt to equity ratio (68.2%) is considered high.
Reducing Debt: 4339's debt to equity ratio has increased from 44.3% to 68.7% over the past 5 years.
Debt Coverage: 4339's debt is not well covered by operating cash flow (11%).
Interest Coverage: 4339's interest payments on its debt are not well covered by EBIT (1.5x coverage).