Kuwait Resorts Company K.P.S.C Balance Sheet Health
Financial Health criteria checks 6/6
Kuwait Resorts Company K.P.S.C has a total shareholder equity of KWD30.9M and total debt of KWD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are KWD33.6M and KWD2.7M respectively. Kuwait Resorts Company K.P.S.C's EBIT is KWD1.6M making its interest coverage ratio -1.4. It has cash and short-term investments of KWD2.0M.
Key information
0%
Debt to equity ratio
د.ك0
Debt
Interest coverage ratio | -1.4x |
Cash | د.ك2.01m |
Equity | د.ك30.85m |
Total liabilities | د.ك2.70m |
Total assets | د.ك33.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MUNTAZAHAT's short term assets (KWD2.6M) exceed its short term liabilities (KWD1.7M).
Long Term Liabilities: MUNTAZAHAT's short term assets (KWD2.6M) exceed its long term liabilities (KWD1.0M).
Debt to Equity History and Analysis
Debt Level: MUNTAZAHAT is debt free.
Reducing Debt: MUNTAZAHAT has no debt compared to 5 years ago when its debt to equity ratio was 15.2%.
Debt Coverage: MUNTAZAHAT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MUNTAZAHAT has no debt, therefore coverage of interest payments is not a concern.