Rasiyat Holding Company-KPSC Balance Sheet Health
Financial Health criteria checks 5/6
Rasiyat Holding Company-KPSC has a total shareholder equity of KWD14.7M and total debt of KWD2.5M, which brings its debt-to-equity ratio to 16.8%. Its total assets and total liabilities are KWD18.2M and KWD3.5M respectively. Rasiyat Holding Company-KPSC's EBIT is KWD795.6K making its interest coverage ratio 4.8. It has cash and short-term investments of KWD2.1M.
Key information
16.8%
Debt to equity ratio
د.ك2.48m
Debt
Interest coverage ratio | 4.8x |
Cash | د.ك2.12m |
Equity | د.ك14.73m |
Total liabilities | د.ك3.49m |
Total assets | د.ك18.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RASIYAT's short term assets (KWD4.3M) exceed its short term liabilities (KWD1.0M).
Long Term Liabilities: RASIYAT's short term assets (KWD4.3M) exceed its long term liabilities (KWD2.5M).
Debt to Equity History and Analysis
Debt Level: RASIYAT's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: RASIYAT's debt to equity ratio has increased from 15.2% to 16.8% over the past 5 years.
Debt Coverage: RASIYAT's debt is well covered by operating cash flow (60.7%).
Interest Coverage: RASIYAT's interest payments on its debt are well covered by EBIT (4.8x coverage).