Equipment Holding Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 5/6
Equipment Holding Company K.S.C.P has a total shareholder equity of KWD2.8M and total debt of KWD2.4M, which brings its debt-to-equity ratio to 85.8%. Its total assets and total liabilities are KWD8.0M and KWD5.2M respectively.
Key information
85.8%
Debt to equity ratio
د.ك2.37m
Debt
| Interest coverage ratio | n/a |
| Cash | د.ك1.30m |
| Equity | د.ك2.76m |
| Total liabilities | د.ك5.24m |
| Total assets | د.ك8.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EQUIPMENT's short term assets (KWD4.1M) do not cover its short term liabilities (KWD5.2M).
Long Term Liabilities: EQUIPMENT's short term assets (KWD4.1M) exceed its long term liabilities (KWD1.0K).
Debt to Equity History and Analysis
Debt Level: EQUIPMENT's net debt to equity ratio (38.8%) is considered satisfactory.
Reducing Debt: EQUIPMENT's debt to equity ratio has reduced from 91% to 85.8% 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: Whilst unprofitable EQUIPMENT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: EQUIPMENT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 52.1% per year.