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 KWD32.5M and total debt of KWD5.3M, which brings its debt-to-equity ratio to 16.2%. Its total assets and total liabilities are KWD45.1M and KWD12.5M respectively. Specialities Group Holding Company K.P.S.C's EBIT is KWD1.7M making its interest coverage ratio -36.2. It has cash and short-term investments of KWD6.3M.
Key information
16.2%
Debt to equity ratio
د.ك5.28m
Debt
| Interest coverage ratio | -36.2x |
| Cash | د.ك6.34m |
| Equity | د.ك32.53m |
| Total liabilities | د.ك12.53m |
| Total assets | د.ك45.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPEC's short term assets (KWD19.6M) exceed its short term liabilities (KWD7.6M).
Long Term Liabilities: SPEC's short term assets (KWD19.6M) exceed its long term liabilities (KWD4.9M).
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 16.2% over the past 5 years.
Debt Coverage: SPEC's debt is well covered by operating cash flow (91.6%).
Interest Coverage: SPEC earns more interest than it pays, so coverage of interest payments is not a concern.