ACICO Industries Company - K.S.C. (Public) Balance Sheet Health
Financial Health criteria checks 2/6
ACICO Industries Company - K.S.C. (Public) has a total shareholder equity of KWD78.8M and total debt of KWD267.2M, which brings its debt-to-equity ratio to 339.1%. Its total assets and total liabilities are KWD394.6M and KWD315.8M respectively. ACICO Industries Company - K.S.C. (Public)'s EBIT is KWD4.0M making its interest coverage ratio 0.4. It has cash and short-term investments of KWD7.7M.
Key information
339.1%
Debt to equity ratio
د.ك267.20m
Debt
| Interest coverage ratio | 0.4x |
| Cash | د.ك7.65m |
| Equity | د.ك78.80m |
| Total liabilities | د.ك315.75m |
| Total assets | د.ك394.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACICO's short term assets (KWD68.9M) do not cover its short term liabilities (KWD82.9M).
Long Term Liabilities: ACICO's short term assets (KWD68.9M) do not cover its long term liabilities (KWD232.9M).
Debt to Equity History and Analysis
Debt Level: ACICO's net debt to equity ratio (329.4%) is considered high.
Reducing Debt: ACICO's debt to equity ratio has increased from 221.5% to 339.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ACICO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ACICO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 29.9% per year.