Rasiyat Holding Company K.P.S.C Balance Sheet Health
Financial Health criteria checks 3/6
Rasiyat Holding Company K.P.S.C has a total shareholder equity of KWD17.2M and total debt of KWD10.3M, which brings its debt-to-equity ratio to 59.8%. Its total assets and total liabilities are KWD33.2M and KWD16.0M respectively. Rasiyat Holding Company K.P.S.C's EBIT is KWD1.1M making its interest coverage ratio 2.9. It has cash and short-term investments of KWD4.1M.
Key information
59.8%
Debt to equity ratio
د.ك10.26m
Debt
| Interest coverage ratio | 2.9x |
| Cash | د.ك4.08m |
| Equity | د.ك17.15m |
| Total liabilities | د.ك16.02m |
| Total assets | د.ك33.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RASIYAT's short term assets (KWD7.7M) exceed its short term liabilities (KWD6.1M).
Long Term Liabilities: RASIYAT's short term assets (KWD7.7M) do not cover its long term liabilities (KWD9.9M).
Debt to Equity History and Analysis
Debt Level: RASIYAT's net debt to equity ratio (36%) is considered satisfactory.
Reducing Debt: RASIYAT's debt to equity ratio has increased from 14.8% to 59.8% over the past 5 years.
Debt Coverage: RASIYAT's debt is well covered by operating cash flow (22.7%).
Interest Coverage: RASIYAT's interest payments on its debt are not well covered by EBIT (2.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 21:14 |
| End of Day Share Price | 2024/12/29 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Rasiyat Holding Company K.P.S.C. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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