Combined Group Contracting Company - K.S.C. (Public) Balance Sheet Health
Financial Health criteria checks 6/6
Combined Group Contracting Company - K.S.C. (Public) has a total shareholder equity of KWD58.2M and total debt of KWD28.9M, which brings its debt-to-equity ratio to 49.6%. Its total assets and total liabilities are KWD217.1M and KWD158.9M respectively. Combined Group Contracting Company - K.S.C. (Public)'s EBIT is KWD9.8M making its interest coverage ratio 6.2. It has cash and short-term investments of KWD16.8M.
Key information
49.6%
Debt to equity ratio
د.ك28.85m
Debt
| Interest coverage ratio | 6.2x |
| Cash | د.ك16.84m |
| Equity | د.ك58.16m |
| Total liabilities | د.ك158.91m |
| Total assets | د.ك217.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CGC's short term assets (KWD155.2M) exceed its short term liabilities (KWD112.1M).
Long Term Liabilities: CGC's short term assets (KWD155.2M) exceed its long term liabilities (KWD46.8M).
Debt to Equity History and Analysis
Debt Level: CGC's net debt to equity ratio (20.7%) is considered satisfactory.
Reducing Debt: CGC's debt to equity ratio has reduced from 115.1% to 49.6% over the past 5 years.
Debt Coverage: CGC's debt is well covered by operating cash flow (42%).
Interest Coverage: CGC's interest payments on its debt are well covered by EBIT (6.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 15:00 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| 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
Combined Group Contracting Company - K.S.C. (Public) 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 |
|---|---|
| Kais Kriaa | AlphaMena |
| Mai Attia | EFG-Hermes Research |
| Ashwini Kadam | Virtua Research Inc. |