Swicorp Wabel Reit Fund Balance Sheet Health
Financial Health criteria checks 4/6
Swicorp Wabel Reit Fund has a total shareholder equity of SAR865.4M and total debt of SAR55.1M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are SAR944.4M and SAR79.0M respectively. Swicorp Wabel Reit Fund's EBIT is SAR7.6M making its interest coverage ratio 1.7. It has cash and short-term investments of SAR16.1M.
Key information
6.4%
Debt to equity ratio
ر.س55.10m
Debt
| Interest coverage ratio | 1.7x |
| Cash | ر.س16.13m |
| Equity | ر.س865.35m |
| Total liabilities | ر.س79.03m |
| Total assets | ر.س944.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4345's short term assets (SAR26.6M) exceed its short term liabilities (SAR17.6M).
Long Term Liabilities: 4345's short term assets (SAR26.6M) do not cover its long term liabilities (SAR61.4M).
Debt to Equity History and Analysis
Debt Level: 4345's net debt to equity ratio (4.5%) is considered satisfactory.
Reducing Debt: 4345's debt to equity ratio has increased from 0% to 6.4% 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 4345 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 4345 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 21.2% per year.