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 KWD34.2M and total debt of KWD2.6M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are KWD39.1M and KWD5.0M respectively. Kuwait Resorts Company K.P.S.C's EBIT is KWD1.1M making its interest coverage ratio -0.8. It has cash and short-term investments of KWD4.4M.
Key information
7.6%
Debt to equity ratio
د.ك2.59m
Debt
| Interest coverage ratio | -0.8x |
| Cash | د.ك4.36m |
| Equity | د.ك34.16m |
| Total liabilities | د.ك4.96m |
| Total assets | د.ك39.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MUNTAZAHAT's short term assets (KWD5.8M) exceed its short term liabilities (KWD4.9M).
Long Term Liabilities: MUNTAZAHAT's short term assets (KWD5.8M) exceed its long term liabilities (KWD70.1K).
Debt to Equity History and Analysis
Debt Level: MUNTAZAHAT has more cash than its total debt.
Reducing Debt: MUNTAZAHAT's debt to equity ratio has reduced from 9.5% to 7.6% over the past 5 years.
Debt Coverage: MUNTAZAHAT's debt is well covered by operating cash flow (69.8%).
Interest Coverage: MUNTAZAHAT earns more interest than it pays, so coverage of interest payments is not a concern.