National Investments Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 4/6
National Investments Company K.S.C.P has a total shareholder equity of KWD214.2M and total debt of KWD52.2M, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are KWD277.7M and KWD63.5M respectively. National Investments Company K.S.C.P's EBIT is KWD10.5M making its interest coverage ratio 5.2. It has cash and short-term investments of KWD143.1M.
Key information
24.4%
Debt to equity ratio
د.ك52.16m
Debt
Interest coverage ratio | 5.2x |
Cash | د.ك143.08m |
Equity | د.ك214.21m |
Total liabilities | د.ك63.45m |
Total assets | د.ك277.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NINV's short term assets (KWD143.4M) exceed its short term liabilities (KWD11.3M).
Long Term Liabilities: NINV's short term assets (KWD143.4M) exceed its long term liabilities (KWD52.2M).
Debt to Equity History and Analysis
Debt Level: NINV has more cash than its total debt.
Reducing Debt: NINV's debt to equity ratio has increased from 3.5% to 24.4% over the past 5 years.
Debt Coverage: NINV's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NINV's interest payments on its debt are well covered by EBIT (5.2x coverage).