National Cleaning Company K.P.S.C Balance Sheet Health
Financial Health criteria checks 4/6
National Cleaning Company K.P.S.C has a total shareholder equity of KWD27.9M and total debt of KWD33.7M, which brings its debt-to-equity ratio to 120.6%. Its total assets and total liabilities are KWD94.0M and KWD66.1M respectively.
Key information
120.6%
Debt to equity ratio
د.ك33.65m
Debt
| Interest coverage ratio | n/a |
| Cash | د.ك9.54m |
| Equity | د.ك27.91m |
| Total liabilities | د.ك66.07m |
| Total assets | د.ك93.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLEANING's short term assets (KWD43.8M) exceed its short term liabilities (KWD35.6M).
Long Term Liabilities: CLEANING's short term assets (KWD43.8M) exceed its long term liabilities (KWD30.5M).
Debt to Equity History and Analysis
Debt Level: CLEANING's net debt to equity ratio (86.4%) is considered high.
Reducing Debt: CLEANING's debt to equity ratio has reduced from 126.2% to 120.6% over the past 5 years.
Debt Coverage: CLEANING's debt is well covered by operating cash flow (25.4%).
Interest Coverage: Insufficient data to determine if CLEANING's interest payments on its debt are well covered by EBIT.