Rasiyat Holding Company K.P.S.C Balance Sheet Health
Financial Health criteria checks 4/6
Rasiyat Holding Company K.P.S.C has a total shareholder equity of KWD17.0M and total debt of KWD10.2M, which brings its debt-to-equity ratio to 59.9%. Its total assets and total liabilities are KWD30.7M and KWD13.7M respectively. Rasiyat Holding Company K.P.S.C's EBIT is KWD1.6M making its interest coverage ratio 6. It has cash and short-term investments of KWD4.0M.
Key information
59.9%
Debt to equity ratio
د.ك10.16m
Debt
| Interest coverage ratio | 6x |
| Cash | د.ك3.97m |
| Equity | د.ك16.97m |
| Total liabilities | د.ك13.73m |
| Total assets | د.ك30.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RASIYAT's short term assets (KWD5.0M) exceed its short term liabilities (KWD4.7M).
Long Term Liabilities: RASIYAT's short term assets (KWD5.0M) do not cover its long term liabilities (KWD9.1M).
Debt to Equity History and Analysis
Debt Level: RASIYAT's net debt to equity ratio (36.5%) is considered satisfactory.
Reducing Debt: RASIYAT's debt to equity ratio has increased from 17.6% to 59.9% over the past 5 years.
Debt Coverage: RASIYAT's debt is well covered by operating cash flow (33.6%).
Interest Coverage: RASIYAT's interest payments on its debt are well covered by EBIT (6x coverage).