Al Kout Industrial Projects Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 6/6
Al Kout Industrial Projects Company K.S.C.P has a total shareholder equity of KWD35.5M and total debt of KWD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are KWD43.7M and KWD8.2M respectively. Al Kout Industrial Projects Company K.S.C.P's EBIT is KWD8.8M making its interest coverage ratio 216.3. It has cash and short-term investments of KWD4.7M.
Key information
0%
Debt to equity ratio
د.ك0
Debt
Interest coverage ratio | 216.3x |
Cash | د.ك4.71m |
Equity | د.ك35.49m |
Total liabilities | د.ك8.19m |
Total assets | د.ك43.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALKOUT's short term assets (KWD20.7M) exceed its short term liabilities (KWD5.8M).
Long Term Liabilities: ALKOUT's short term assets (KWD20.7M) exceed its long term liabilities (KWD2.4M).
Debt to Equity History and Analysis
Debt Level: ALKOUT is debt free.
Reducing Debt: ALKOUT has no debt compared to 5 years ago when its debt to equity ratio was 7.4%.
Debt Coverage: ALKOUT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ALKOUT has no debt, therefore coverage of interest payments is not a concern.