Kuwait Financial Centre - KPSC Balance Sheet Health
Financial Health criteria checks 4/6
Kuwait Financial Centre - KPSC has a total shareholder equity of KWD112.8M and total debt of KWD44.4M, which brings its debt-to-equity ratio to 39.4%. Its total assets and total liabilities are KWD170.3M and KWD57.4M respectively. Kuwait Financial Centre - KPSC's EBIT is KWD278.0K making its interest coverage ratio 0.1. It has cash and short-term investments of KWD90.3M.
Key information
39.4%
Debt to equity ratio
د.ك44.41m
Debt
| Interest coverage ratio | 0.08x |
| Cash | د.ك90.31m |
| Equity | د.ك112.83m |
| Total liabilities | د.ك57.45m |
| Total assets | د.ك170.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MARKAZ's short term assets (KWD98.9M) exceed its short term liabilities (KWD6.5M).
Long Term Liabilities: MARKAZ's short term assets (KWD98.9M) exceed its long term liabilities (KWD50.9M).
Debt to Equity History and Analysis
Debt Level: MARKAZ has more cash than its total debt.
Reducing Debt: MARKAZ's debt to equity ratio has reduced from 41.7% to 39.4% over the past 5 years.
Debt Coverage: MARKAZ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MARKAZ's interest payments on its debt are not well covered by EBIT (0.1x coverage).