First Investment Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 3/6
First Investment Company K.S.C.P has a total shareholder equity of KWD27.7M and total debt of KWD289.8K, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are KWD78.1M and KWD86.0M respectively. First Investment Company K.S.C.P's EBIT is KWD951.1K making its interest coverage ratio 5.8. It has cash and short-term investments of KWD10.0M.
Key information
1.0%
Debt to equity ratio
د.ك289.85k
Debt
| Interest coverage ratio | 5.8x |
| Cash | د.ك9.98m |
| Equity | د.ك27.71m |
| Total liabilities | د.ك86.04m |
| Total assets | د.ك78.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALOLA's short term assets (KWD10.4M) do not cover its short term liabilities (KWD35.7M).
Long Term Liabilities: ALOLA's short term assets (KWD10.4M) do not cover its long term liabilities (KWD50.4M).
Debt to Equity History and Analysis
Debt Level: ALOLA has more cash than its total debt.
Reducing Debt: ALOLA's debt to equity ratio has reduced from 7.5% to 1% over the past 5 years.
Debt Coverage: ALOLA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ALOLA's interest payments on its debt are well covered by EBIT (5.8x coverage).