IFA Hotels and Resorts - KPSC Balance Sheet Health
Financial Health criteria checks 1/6
IFA Hotels and Resorts - KPSC has a total shareholder equity of KWD52.2M and total debt of KWD77.8M, which brings its debt-to-equity ratio to 149.1%. Its total assets and total liabilities are KWD206.9M and KWD154.7M respectively. IFA Hotels and Resorts - KPSC's EBIT is KWD8.9M making its interest coverage ratio 1.6. It has cash and short-term investments of KWD8.3M.
Key information
149.1%
Debt to equity ratio
د.ك77.78m
Debt
| Interest coverage ratio | 1.6x |
| Cash | د.ك8.33m |
| Equity | د.ك52.17m |
| Total liabilities | د.ك154.71m |
| Total assets | د.ك206.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IFAHR's short term assets (KWD33.4M) do not cover its short term liabilities (KWD89.5M).
Long Term Liabilities: IFAHR's short term assets (KWD33.4M) do not cover its long term liabilities (KWD65.2M).
Debt to Equity History and Analysis
Debt Level: IFAHR's net debt to equity ratio (133.1%) is considered high.
Reducing Debt: IFAHR's debt to equity ratio has reduced from 438.6% to 149.1% over the past 5 years.
Debt Coverage: IFAHR's debt is not well covered by operating cash flow (13.2%).
Interest Coverage: IFAHR's interest payments on its debt are not well covered by EBIT (1.6x coverage).