Arzan Financial Group for Financing and Investment - KPSC Balance Sheet Health
Financial Health criteria checks 4/6
Arzan Financial Group for Financing and Investment - KPSC has a total shareholder equity of KWD201.0M and total debt of KWD25.7M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are KWD238.4M and KWD37.3M respectively.
Key information
12.8%
Debt to equity ratio
د.ك25.71m
Debt
Interest coverage ratio | n/a |
Cash | د.ك15.00m |
Equity | د.ك201.02m |
Total liabilities | د.ك37.34m |
Total assets | د.ك238.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARZAN's short term assets (KWD39.4M) exceed its short term liabilities (KWD13.6M).
Long Term Liabilities: ARZAN's short term assets (KWD39.4M) exceed its long term liabilities (KWD23.8M).
Debt to Equity History and Analysis
Debt Level: ARZAN's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: ARZAN's debt to equity ratio has reduced from 26.5% to 12.8% over the past 5 years.
Debt Coverage: ARZAN's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: Insufficient data to determine if ARZAN's interest payments on its debt are well covered by EBIT.