Future Kid Entertainment and Real Estate Company K.P.S.C Balance Sheet Health
Financial Health criteria checks 2/6
Future Kid Entertainment and Real Estate Company K.P.S.C has a total shareholder equity of KWD14.8M and total debt of KWD4.3M, which brings its debt-to-equity ratio to 29%. Its total assets and total liabilities are KWD28.5M and KWD13.7M respectively. Future Kid Entertainment and Real Estate Company K.P.S.C's EBIT is KWD738.5K making its interest coverage ratio 2.9. It has cash and short-term investments of KWD2.7M.
Key information
29.0%
Debt to equity ratio
د.ك4.30m
Debt
Interest coverage ratio | 2.9x |
Cash | د.ك2.73m |
Equity | د.ك14.81m |
Total liabilities | د.ك13.68m |
Total assets | د.ك28.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FUTUREKID's short term assets (KWD3.9M) do not cover its short term liabilities (KWD6.5M).
Long Term Liabilities: FUTUREKID's short term assets (KWD3.9M) do not cover its long term liabilities (KWD7.1M).
Debt to Equity History and Analysis
Debt Level: FUTUREKID's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: FUTUREKID's debt to equity ratio has increased from 0% to 29% over the past 5 years.
Debt Coverage: FUTUREKID's debt is well covered by operating cash flow (103.1%).
Interest Coverage: FUTUREKID's interest payments on its debt are not well covered by EBIT (2.9x coverage).