National Petroleum Services Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 6/6
National Petroleum Services Company K.S.C.P has a total shareholder equity of KWD58.8M and total debt of KWD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are KWD71.0M and KWD12.1M respectively. National Petroleum Services Company K.S.C.P's EBIT is KWD7.2M making its interest coverage ratio -8.3. It has cash and short-term investments of KWD15.4M.
Key information
0%
Debt to equity ratio
د.ك0
Debt
Interest coverage ratio | -8.3x |
Cash | د.ك15.43m |
Equity | د.ك58.82m |
Total liabilities | د.ك12.13m |
Total assets | د.ك70.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NAPESCO's short term assets (KWD36.4M) exceed its short term liabilities (KWD9.3M).
Long Term Liabilities: NAPESCO's short term assets (KWD36.4M) exceed its long term liabilities (KWD2.8M).
Debt to Equity History and Analysis
Debt Level: NAPESCO is debt free.
Reducing Debt: NAPESCO has not had any debt for past 5 years.
Debt Coverage: NAPESCO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NAPESCO has no debt, therefore coverage of interest payments is not a concern.