Gulf Petroleum Investment Company K.P.S.C Balance Sheet Health
Financial Health criteria checks 2/6
Gulf Petroleum Investment Company K.P.S.C has a total shareholder equity of KWD33.8M and total debt of KWD8.8M, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are KWD48.5M and KWD14.8M respectively.
Key information
25.9%
Debt to equity ratio
د.ك8.75m
Debt
| Interest coverage ratio | n/a |
| Cash | د.ك580.54k |
| Equity | د.ك33.76m |
| Total liabilities | د.ك14.77m |
| Total assets | د.ك48.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GPI's short term assets (KWD8.3M) do not cover its short term liabilities (KWD13.8M).
Long Term Liabilities: GPI's short term assets (KWD8.3M) exceed its long term liabilities (KWD969.5K).
Debt to Equity History and Analysis
Debt Level: GPI's net debt to equity ratio (24.2%) is considered satisfactory.
Reducing Debt: GPI's debt to equity ratio has increased from 18.2% to 25.9% over the past 5 years.
Debt Coverage: GPI's debt is not well covered by operating cash flow (9.3%).
Interest Coverage: Insufficient data to determine if GPI's interest payments on its debt are well covered by EBIT.