National International Holding Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 5/6
National International Holding Company K.S.C.P has a total shareholder equity of KWD48.2M and total debt of KWD2.5M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are KWD55.4M and KWD7.1M respectively. National International Holding Company K.S.C.P's EBIT is KWD2.6M making its interest coverage ratio 10.7. It has cash and short-term investments of KWD4.4M.
Key information
5.1%
Debt to equity ratio
د.ك2.47m
Debt
| Interest coverage ratio | 10.7x |
| Cash | د.ك4.41m |
| Equity | د.ك48.24m |
| Total liabilities | د.ك7.12m |
| Total assets | د.ك55.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NIH's short term assets (KWD9.6M) exceed its short term liabilities (KWD2.5M).
Long Term Liabilities: NIH's short term assets (KWD9.6M) exceed its long term liabilities (KWD4.6M).
Debt to Equity History and Analysis
Debt Level: NIH has more cash than its total debt.
Reducing Debt: NIH's debt to equity ratio has reduced from 7.1% to 5.1% over the past 5 years.
Debt Coverage: NIH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NIH's interest payments on its debt are well covered by EBIT (10.7x coverage).