Tamdeen Investment Company - KSCP Balance Sheet Health
Financial Health criteria checks 4/6
Tamdeen Investment Company - KSCP has a total shareholder equity of KWD335.1M and total debt of KWD6.8M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are KWD347.4M and KWD12.3M respectively. Tamdeen Investment Company - KSCP's EBIT is KWD15.4M making its interest coverage ratio 22.8. It has cash and short-term investments of KWD6.2M.
Key information
2.0%
Debt to equity ratio
د.ك6.75m
Debt
| Interest coverage ratio | 22.8x |
| Cash | د.ك6.23m |
| Equity | د.ك335.08m |
| Total liabilities | د.ك12.30m |
| Total assets | د.ك347.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAMINV's short term assets (KWD8.7M) do not cover its short term liabilities (KWD11.9M).
Long Term Liabilities: TAMINV's short term assets (KWD8.7M) exceed its long term liabilities (KWD411.7K).
Debt to Equity History and Analysis
Debt Level: TAMINV's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: TAMINV's debt to equity ratio has reduced from 35.3% to 2% over the past 5 years.
Debt Coverage: TAMINV's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TAMINV's interest payments on its debt are well covered by EBIT (22.8x coverage).