Al-Maidan Clinic for Oral Health Services Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 5/6
Al-Maidan Clinic for Oral Health Services Company K.S.C.P has a total shareholder equity of KWD71.0M and total debt of KWD2.7M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are KWD110.5M and KWD39.5M respectively. Al-Maidan Clinic for Oral Health Services Company K.S.C.P's EBIT is KWD13.7M making its interest coverage ratio -13. It has cash and short-term investments of KWD52.0M.
Key information
3.8%
Debt to equity ratio
د.ك2.68m
Debt
| Interest coverage ratio | -13x |
| Cash | د.ك52.00m |
| Equity | د.ك70.97m |
| Total liabilities | د.ك39.55m |
| Total assets | د.ك110.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIDAN's short term assets (KWD87.6M) exceed its short term liabilities (KWD35.3M).
Long Term Liabilities: MIDAN's short term assets (KWD87.6M) exceed its long term liabilities (KWD4.2M).
Debt to Equity History and Analysis
Debt Level: MIDAN has more cash than its total debt.
Reducing Debt: MIDAN's debt to equity ratio has increased from 0% to 3.8% over the past 5 years.
Debt Coverage: MIDAN's debt is well covered by operating cash flow (740.9%).
Interest Coverage: MIDAN earns more interest than it pays, so coverage of interest payments is not a concern.