National Industries Group Holding - KPSC Balance Sheet Health
Financial Health criteria checks 3/6
National Industries Group Holding - KPSC has a total shareholder equity of KWD708.0M and total debt of KWD742.7M, which brings its debt-to-equity ratio to 104.9%. Its total assets and total liabilities are KWD1.6B and KWD858.6M respectively. National Industries Group Holding - KPSC's EBIT is KWD2.4M making its interest coverage ratio 0.2. It has cash and short-term investments of KWD384.1M.
Key information
104.9%
Debt to equity ratio
د.ك742.73m
Debt
| Interest coverage ratio | 0.2x |
| Cash | د.ك384.11m |
| Equity | د.ك707.99m |
| Total liabilities | د.ك858.62m |
| Total assets | د.ك1.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NIND's short term assets (KWD803.9M) exceed its short term liabilities (KWD439.7M).
Long Term Liabilities: NIND's short term assets (KWD803.9M) exceed its long term liabilities (KWD418.9M).
Debt to Equity History and Analysis
Debt Level: NIND's net debt to equity ratio (50.7%) is considered high.
Reducing Debt: NIND's debt to equity ratio has reduced from 131.2% to 104.9% over the past 5 years.
Debt Coverage: NIND's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NIND's interest payments on its debt are not well covered by EBIT (0.2x coverage).