Advanced Technology Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 3/6
Advanced Technology Company K.S.C.P has a total shareholder equity of KWD72.3M and total debt of KWD196.6M, which brings its debt-to-equity ratio to 271.9%. Its total assets and total liabilities are KWD347.0M and KWD274.7M respectively. Advanced Technology Company K.S.C.P's EBIT is KWD12.8M making its interest coverage ratio 1.2. It has cash and short-term investments of KWD3.4M.
Key information
271.9%
Debt to equity ratio
د.ك196.64m
Debt
Interest coverage ratio | 1.2x |
Cash | د.ك3.43m |
Equity | د.ك72.31m |
Total liabilities | د.ك274.70m |
Total assets | د.ك347.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATC's short term assets (KWD255.5M) exceed its short term liabilities (KWD200.2M).
Long Term Liabilities: ATC's short term assets (KWD255.5M) exceed its long term liabilities (KWD74.5M).
Debt to Equity History and Analysis
Debt Level: ATC's net debt to equity ratio (267.2%) is considered high.
Reducing Debt: ATC's debt to equity ratio has reduced from 299.5% to 271.9% over the past 5 years.
Debt Coverage: ATC's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: ATC's interest payments on its debt are not well covered by EBIT (1.2x coverage).