Advanced Technology Company K.S.C.P.

KWSE:ATC Stock Report

Market Cap: د.ك65.3m

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 KWD68.7M and total debt of KWD200.5M, which brings its debt-to-equity ratio to 291.8%. Its total assets and total liabilities are KWD342.5M and KWD273.7M respectively. Advanced Technology Company K.S.C.P's EBIT is KWD9.4M making its interest coverage ratio 0.8. It has cash and short-term investments of KWD2.7M.

Key information

291.8%

Debt to equity ratio

د.ك200.52m

Debt

Interest coverage ratio0.8x
Cashد.ك2.70m
Equityد.ك68.72m
Total liabilitiesد.ك273.75m
Total assetsد.ك342.46m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ATC's short term assets (KWD253.4M) exceed its short term liabilities (KWD187.3M).

Long Term Liabilities: ATC's short term assets (KWD253.4M) exceed its long term liabilities (KWD86.5M).


Debt to Equity History and Analysis

Debt Level: ATC's net debt to equity ratio (287.9%) is considered high.

Reducing Debt: ATC's debt to equity ratio has reduced from 294.9% to 291.8% over the past 5 years.

Debt Coverage: ATC's debt is not well covered by operating cash flow (4.6%).

Interest Coverage: ATC's interest payments on its debt are not well covered by EBIT (0.8x coverage).


Balance Sheet


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