Alkhabeer REIT Fund Balance Sheet Health
Financial Health criteria checks 1/6
Alkhabeer REIT Fund has a total shareholder equity of SAR1.1B and total debt of SAR737.5M, which brings its debt-to-equity ratio to 69.3%. Its total assets and total liabilities are SAR1.9B and SAR800.2M respectively. Alkhabeer REIT Fund's EBIT is SAR58.1M making its interest coverage ratio 1.6. It has cash and short-term investments of SAR99.5M.
Key information
69.3%
Debt to equity ratio
ر.س737.50m
Debt
| Interest coverage ratio | 1.6x |
| Cash | ر.س99.50m |
| Equity | ر.س1.06b |
| Total liabilities | ر.س800.20m |
| Total assets | ر.س1.86b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4348's short term assets (SAR109.9M) exceed its short term liabilities (SAR50.0M).
Long Term Liabilities: 4348's short term assets (SAR109.9M) do not cover its long term liabilities (SAR750.2M).
Debt to Equity History and Analysis
Debt Level: 4348's net debt to equity ratio (60%) 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 (19.1%).
Interest Coverage: 4348's interest payments on its debt are not well covered by EBIT (1.6x coverage).