SEDCO Capital REIT Fund Balance Sheet Health
Financial Health criteria checks 2/6
SEDCO Capital REIT Fund has a total shareholder equity of SAR1.5B and total debt of SAR794.9M, which brings its debt-to-equity ratio to 52%. Its total assets and total liabilities are SAR2.4B and SAR841.6M respectively. SEDCO Capital REIT Fund's EBIT is SAR107.9M making its interest coverage ratio 1.8. It has cash and short-term investments of SAR54.7M.
Key information
52.0%
Debt to equity ratio
ر.س794.87m
Debt
| Interest coverage ratio | 1.8x |
| Cash | ر.س54.68m |
| Equity | ر.س1.53b |
| Total liabilities | ر.س841.65m |
| Total assets | ر.س2.37b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4344's short term assets (SAR133.8M) exceed its short term liabilities (SAR57.5M).
Long Term Liabilities: 4344's short term assets (SAR133.8M) do not cover its long term liabilities (SAR784.1M).
Debt to Equity History and Analysis
Debt Level: 4344's net debt to equity ratio (48.5%) is considered high.
Reducing Debt: 4344's debt to equity ratio has reduced from 86.2% to 52% over the past 5 years.
Debt Coverage: 4344's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: 4344's interest payments on its debt are not well covered by EBIT (1.8x coverage).