A'ayan Leasing and Investment Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 6/6
A'ayan Leasing and Investment Company K.S.C.P has a total shareholder equity of KWD110.4M and total debt of KWD11.4M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are KWD153.8M and KWD43.4M respectively. A'ayan Leasing and Investment Company K.S.C.P's EBIT is KWD14.6M making its interest coverage ratio 439. It has cash and short-term investments of KWD31.4M.
Key information
10.3%
Debt to equity ratio
د.ك11.37m
Debt
| Interest coverage ratio | 439x |
| Cash | د.ك31.42m |
| Equity | د.ك110.37m |
| Total liabilities | د.ك43.42m |
| Total assets | د.ك153.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AAYAN's short term assets (KWD40.0M) exceed its short term liabilities (KWD11.4M).
Long Term Liabilities: AAYAN's short term assets (KWD40.0M) exceed its long term liabilities (KWD32.0M).
Debt to Equity History and Analysis
Debt Level: AAYAN has more cash than its total debt.
Reducing Debt: AAYAN's debt to equity ratio has reduced from 127.2% to 10.3% over the past 5 years.
Debt Coverage: AAYAN's debt is well covered by operating cash flow (62.3%).
Interest Coverage: AAYAN's interest payments on its debt are well covered by EBIT (439x coverage).