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 KWD207.3M and total debt of KWD53.9M, which brings its debt-to-equity ratio to 26%. Its total assets and total liabilities are KWD272.2M and KWD64.9M respectively. National Investments Company K.S.C.P's EBIT is KWD16.5M making its interest coverage ratio 6.2. It has cash and short-term investments of KWD121.9M.
Key information
26.0%
Debt to equity ratio
د.ك53.92m
Debt
| Interest coverage ratio | 6.2x |
| Cash | د.ك121.93m |
| Equity | د.ك207.32m |
| Total liabilities | د.ك64.88m |
| Total assets | د.ك272.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NINV's short term assets (KWD138.8M) exceed its short term liabilities (KWD25.4M).
Long Term Liabilities: NINV's short term assets (KWD138.8M) exceed its long term liabilities (KWD39.5M).
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 3.4% to 26% 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 (6.2x coverage).