Alkhabeer REIT Fund Balance Sheet Health
Financial Health criteria checks 0/6
Alkhabeer REIT Fund has a total shareholder equity of SAR1.0B and total debt of SAR737.5M, which brings its debt-to-equity ratio to 70.5%. Its total assets and total liabilities are SAR1.9B and SAR815.0M respectively. Alkhabeer REIT Fund's EBIT is SAR52.6M making its interest coverage ratio 1.7. It has cash and short-term investments of SAR27.1M.
Key information
70.5%
Debt to equity ratio
ر.س737.50m
Debt
Interest coverage ratio | 1.7x |
Cash | ر.س27.11m |
Equity | ر.س1.05b |
Total liabilities | ر.س814.97m |
Total assets | ر.س1.86b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4348's short term assets (SAR39.2M) do not cover its short term liabilities (SAR63.7M).
Long Term Liabilities: 4348's short term assets (SAR39.2M) do not cover its long term liabilities (SAR751.2M).
Debt to Equity History and Analysis
Debt Level: 4348's net debt to equity ratio (67.9%) is considered high.
Reducing Debt: Insufficient data to determine if 4348's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 4348's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: 4348's interest payments on its debt are not well covered by EBIT (1.7x coverage).