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 KWD53.9M, which brings its debt-to-equity ratio to 47.8%. Its total assets and total liabilities are KWD178.5M and KWD65.6M respectively. Kuwait Financial Centre - KPSC's EBIT is KWD619.0K making its interest coverage ratio 0.2. It has cash and short-term investments of KWD96.9M.
Key information
47.8%
Debt to equity ratio
د.ك53.92m
Debt
| Interest coverage ratio | 0.2x |
| Cash | د.ك96.91m |
| Equity | د.ك112.84m |
| Total liabilities | د.ك65.63m |
| Total assets | د.ك178.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MARKAZ's short term assets (KWD106.1M) exceed its short term liabilities (KWD11.7M).
Long Term Liabilities: MARKAZ's short term assets (KWD106.1M) exceed its long term liabilities (KWD53.9M).
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 58.8% to 47.8% 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 (0.2x coverage).