Tamdeen Investment Company - KSCP Balance Sheet Health
Financial Health criteria checks 5/6
Tamdeen Investment Company - KSCP has a total shareholder equity of KWD332.5M and total debt of KWD11.5M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are KWD350.8M and KWD18.3M respectively. Tamdeen Investment Company - KSCP's EBIT is KWD17.3M making its interest coverage ratio 14.3. It has cash and short-term investments of KWD14.8M.
Key information
3.5%
Debt to equity ratio
د.ك11.50m
Debt
| Interest coverage ratio | 14.3x |
| Cash | د.ك14.80m |
| Equity | د.ك332.45m |
| Total liabilities | د.ك18.30m |
| Total assets | د.ك350.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAMINV's short term assets (KWD16.5M) exceed its short term liabilities (KWD13.7M).
Long Term Liabilities: TAMINV's short term assets (KWD16.5M) exceed its long term liabilities (KWD4.6M).
Debt to Equity History and Analysis
Debt Level: TAMINV has more cash than its total debt.
Reducing Debt: TAMINV's debt to equity ratio has reduced from 45.1% to 3.5% 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 (14.3x coverage).