Specialities Group Holding Company K.P.S.C Balance Sheet Health
Financial Health criteria checks 5/6
Specialities Group Holding Company K.P.S.C has a total shareholder equity of KWD32.7M and total debt of KWD6.5M, which brings its debt-to-equity ratio to 19.8%. Its total assets and total liabilities are KWD47.1M and KWD14.4M respectively. Specialities Group Holding Company K.P.S.C's EBIT is KWD1.7M making its interest coverage ratio -5.3. It has cash and short-term investments of KWD8.0M.
Key information
19.8%
Debt to equity ratio
د.ك6.48m
Debt
Interest coverage ratio | -5.3x |
Cash | د.ك7.95m |
Equity | د.ك32.69m |
Total liabilities | د.ك14.36m |
Total assets | د.ك47.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPEC's short term assets (KWD21.2M) exceed its short term liabilities (KWD9.4M).
Long Term Liabilities: SPEC's short term assets (KWD21.2M) exceed its long term liabilities (KWD5.0M).
Debt to Equity History and Analysis
Debt Level: SPEC has more cash than its total debt.
Reducing Debt: SPEC's debt to equity ratio has increased from 0% to 19.8% over the past 5 years.
Debt Coverage: SPEC's debt is well covered by operating cash flow (63.1%).
Interest Coverage: SPEC earns more interest than it pays, so coverage of interest payments is not a concern.