ALAFCO Aviation Lease and Finance Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 6/6
ALAFCO Aviation Lease and Finance Company K.S.C.P has a total shareholder equity of KWD60.8M and total debt of KWD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are KWD241.6M and KWD271.8M respectively. ALAFCO Aviation Lease and Finance Company K.S.C.P's EBIT is KWD44.3M making its interest coverage ratio 2.4. It has cash and short-term investments of KWD237.2M.
Key information
0%
Debt to equity ratio
د.ك0
Debt
| Interest coverage ratio | 2.4x |
| Cash | د.ك237.20m |
| Equity | د.ك60.79m |
| Total liabilities | د.ك271.82m |
| Total assets | د.ك241.55m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALAFCO's short term assets (KWD241.6M) exceed its short term liabilities (KWD91.1M).
Long Term Liabilities: ALAFCO's short term assets (KWD241.6M) exceed its long term liabilities (KWD180.8M).
Debt to Equity History and Analysis
Debt Level: ALAFCO is debt free.
Reducing Debt: ALAFCO has no debt compared to 5 years ago when its debt to equity ratio was 75%.
Debt Coverage: ALAFCO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ALAFCO has no debt, therefore coverage of interest payments is not a concern.