ACICO Industries Company - K.S.C. (Public) Balance Sheet Health
Financial Health criteria checks 1/6
ACICO Industries Company - K.S.C. (Public) has a total shareholder equity of KWD34.8M and total debt of KWD237.6M, which brings its debt-to-equity ratio to 682.8%. Its total assets and total liabilities are KWD318.0M and KWD283.2M respectively. ACICO Industries Company - K.S.C. (Public)'s EBIT is KWD6.2M making its interest coverage ratio 0.4. It has cash and short-term investments of KWD12.9M.
Key information
682.8%
Debt to equity ratio
د.ك237.56m
Debt
| Interest coverage ratio | 0.4x |
| Cash | د.ك12.92m |
| Equity | د.ك34.79m |
| Total liabilities | د.ك283.19m |
| Total assets | د.ك317.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACICO's short term assets (KWD91.6M) do not cover its short term liabilities (KWD276.8M).
Long Term Liabilities: ACICO's short term assets (KWD91.6M) exceed its long term liabilities (KWD6.4M).
Debt to Equity History and Analysis
Debt Level: ACICO's net debt to equity ratio (645.6%) is considered high.
Reducing Debt: ACICO's debt to equity ratio has increased from 244.8% to 682.8% over the past 5 years.
Debt Coverage: ACICO's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: ACICO's interest payments on its debt are not well covered by EBIT (0.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 07:49 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ACICO Industries Company - K.S.C. (Public) is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Faisal Hasan | Global Investment House |