Equipment Holding Company K.P.S.C Balance Sheet Health
Financial Health criteria checks 3/6
Equipment Holding Company K.P.S.C has a total shareholder equity of KWD4.1M and total debt of KWD7.6M, which brings its debt-to-equity ratio to 186.4%. Its total assets and total liabilities are KWD16.2M and KWD12.1M respectively.
Key information
186.4%
Debt to equity ratio
د.ك7.64m
Debt
| Interest coverage ratio | n/a |
| Cash | د.ك1.15m |
| Equity | د.ك4.10m |
| Total liabilities | د.ك12.15m |
| Total assets | د.ك16.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EQUIPMENT's short term assets (KWD12.3M) exceed its short term liabilities (KWD12.1M).
Long Term Liabilities: EQUIPMENT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EQUIPMENT's net debt to equity ratio (158.4%) is considered high.
Reducing Debt: EQUIPMENT's debt to equity ratio has increased from 109.5% to 186.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: EQUIPMENT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: EQUIPMENT has less than a year of cash runway if free cash flow continues to grow at historical rates of 48.4% each year.