First Investment Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 2/6
First Investment Company K.S.C.P has a total shareholder equity of KWD24.2M and total debt of KWD2.2M, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are KWD78.5M and KWD54.3M respectively. First Investment Company K.S.C.P's EBIT is KWD805.2K making its interest coverage ratio 4.6. It has cash and short-term investments of KWD7.4M.
Key information
9.1%
Debt to equity ratio
د.ك2.21m
Debt
Interest coverage ratio | 4.6x |
Cash | د.ك7.40m |
Equity | د.ك24.19m |
Total liabilities | د.ك54.35m |
Total assets | د.ك78.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALOLA's short term assets (KWD7.8M) do not cover its short term liabilities (KWD35.7M).
Long Term Liabilities: ALOLA's short term assets (KWD7.8M) do not cover its long term liabilities (KWD18.7M).
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 increased from 4% to 9.1% 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 (4.6x coverage).