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 KWD180.8M respectively. ALAFCO Aviation Lease and Finance Company K.S.C.P's EBIT is KWD35.2M making its interest coverage ratio 1.9. It has cash and short-term investments of KWD237.2M.
Key information
0%
Debt to equity ratio
د.ك0
Debt
| Interest coverage ratio | 1.9x |
| Cash | د.ك237.20m |
| Equity | د.ك60.79m |
| Total liabilities | د.ك180.76m |
| 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 (KWD2.6M).
Long Term Liabilities: ALAFCO's short term assets (KWD241.6M) exceed its long term liabilities (KWD178.1M).
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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 11:41 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ALAFCO Aviation Lease and Finance Company K.S.C.P. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Aleksandar Stojanovski | Deutsche Bank |
| Nishit Lakhotia | SICO |
| Madhura Athawale | Virtua Research Inc. |