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Qurain Petrochemical Industries Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 6/6
Key information
15.5%
Debt to equity ratio
د.ك96.06m
Debt
| Interest coverage ratio | -1.1x |
| Cash | د.ك95.00m |
| Equity | د.ك621.31m |
| Total liabilities | د.ك205.73m |
| Total assets | د.ك827.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALQURAIN's short term assets (KWD203.4M) exceed its short term liabilities (KWD87.6M).
Long Term Liabilities: ALQURAIN's short term assets (KWD203.4M) exceed its long term liabilities (KWD118.1M).
Debt to Equity History and Analysis
Debt Level: ALQURAIN's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: ALQURAIN's debt to equity ratio has reduced from 16.2% to 15.5% over the past 5 years.
Debt Coverage: ALQURAIN's debt is well covered by operating cash flow (78.7%).
Interest Coverage: ALQURAIN earns more interest than it pays, so coverage of interest payments is not a concern.