Lumi Rental Balance Sheet Health
Financial Health criteria checks 1/6
Lumi Rental has a total shareholder equity of SAR1.0B and total debt of SAR1.3B, which brings its debt-to-equity ratio to 131.3%. Its total assets and total liabilities are SAR3.2B and SAR2.2B respectively. Lumi Rental's EBIT is SAR234.4M making its interest coverage ratio 3.7. It has cash and short-term investments of SAR41.3M.
Key information
131.3%
Debt to equity ratio
ر.س1.35b
Debt
| Interest coverage ratio | 3.7x |
| Cash | ر.س41.25m |
| Equity | ر.س1.03b |
| Total liabilities | ر.س2.22b |
| Total assets | ر.س3.25b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 4262's short term assets (SAR388.6M) do not cover its short term liabilities (SAR1.2B).
Long Term Liabilities: 4262's short term assets (SAR388.6M) do not cover its long term liabilities (SAR1.0B).
Debt to Equity History and Analysis
Debt Level: 4262's net debt to equity ratio (127.3%) is considered high.
Reducing Debt: Insufficient data to determine if 4262's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 4262's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4262's interest payments on its debt are well covered by EBIT (3.7x coverage).