Al-Deera Holding Company K.P.S.C Balance Sheet Health
Financial Health criteria checks 3/6
Al-Deera Holding Company K.P.S.C has a total shareholder equity of KWD21.4M and total debt of KWD7.5M, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are KWD36.4M and KWD15.0M respectively. Al-Deera Holding Company K.P.S.C's EBIT is KWD2.4M making its interest coverage ratio 6.1. It has cash and short-term investments of KWD4.3M.
Key information
35.0%
Debt to equity ratio
د.ك7.48m
Debt
| Interest coverage ratio | 6.1x |
| Cash | د.ك4.29m |
| Equity | د.ك21.38m |
| Total liabilities | د.ك15.03m |
| Total assets | د.ك36.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALDEERA's short term assets (KWD5.6M) exceed its short term liabilities (KWD3.6M).
Long Term Liabilities: ALDEERA's short term assets (KWD5.6M) do not cover its long term liabilities (KWD11.5M).
Debt to Equity History and Analysis
Debt Level: ALDEERA's net debt to equity ratio (14.9%) is considered satisfactory.
Reducing Debt: ALDEERA's debt to equity ratio has increased from 0% to 35% over the past 5 years.
Debt Coverage: ALDEERA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ALDEERA's interest payments on its debt are well covered by EBIT (6.1x coverage).