Sultan Center Food Products Company - K.S.C. (Public) Balance Sheet Health
Financial Health criteria checks 0/6
Sultan Center Food Products Company - K.S.C. (Public) has a total shareholder equity of KWD37.2M and total debt of KWD126.2M, which brings its debt-to-equity ratio to 339%. Its total assets and total liabilities are KWD282.8M and KWD245.5M respectively. Sultan Center Food Products Company - K.S.C. (Public)'s EBIT is KWD4.6M making its interest coverage ratio 0.5. It has cash and short-term investments of KWD5.0M.
Key information
339.0%
Debt to equity ratio
د.ك126.20m
Debt
Interest coverage ratio | 0.5x |
Cash | د.ك5.05m |
Equity | د.ك37.23m |
Total liabilities | د.ك245.53m |
Total assets | د.ك282.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SULTAN's short term assets (KWD31.7M) do not cover its short term liabilities (KWD88.1M).
Long Term Liabilities: SULTAN's short term assets (KWD31.7M) do not cover its long term liabilities (KWD157.5M).
Debt to Equity History and Analysis
Debt Level: SULTAN's net debt to equity ratio (325.4%) is considered high.
Reducing Debt: SULTAN's debt to equity ratio has increased from 320.3% to 339% over the past 5 years.
Debt Coverage: SULTAN's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: SULTAN's interest payments on its debt are not well covered by EBIT (0.5x coverage).