Kuwait and Middle East Financial Investment Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 1/6
Kuwait and Middle East Financial Investment Company K.S.C.P has a total shareholder equity of KWD21.2M and total debt of KWD42.1M, which brings its debt-to-equity ratio to 198%. Its total assets and total liabilities are KWD69.2M and KWD47.9M respectively.
Key information
198.0%
Debt to equity ratio
د.ك42.07m
Debt
| Interest coverage ratio | n/a |
| Cash | د.ك30.64m |
| Equity | د.ك21.25m |
| Total liabilities | د.ك47.94m |
| Total assets | د.ك69.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KMEFIC's short term assets (KWD36.7M) do not cover its short term liabilities (KWD42.4M).
Long Term Liabilities: KMEFIC's short term assets (KWD36.7M) exceed its long term liabilities (KWD5.5M).
Debt to Equity History and Analysis
Debt Level: KMEFIC's net debt to equity ratio (53.8%) is considered high.
Reducing Debt: KMEFIC's debt to equity ratio has increased from 14.5% to 198% over the past 5 years.
Debt Coverage: KMEFIC's debt is not well covered by operating cash flow (4.2%).
Interest Coverage: Insufficient data to determine if KMEFIC's interest payments on its debt are well covered by EBIT.