Boubyan Petrochemical Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 2/6
Boubyan Petrochemical Company K.S.C.P has a total shareholder equity of KWD292.3M and total debt of KWD283.1M, which brings its debt-to-equity ratio to 96.9%. Its total assets and total liabilities are KWD646.8M and KWD354.5M respectively. Boubyan Petrochemical Company K.S.C.P's EBIT is KWD12.5M making its interest coverage ratio 4.7. It has cash and short-term investments of KWD78.9M.
Key information
96.9%
Debt to equity ratio
د.ك283.14m
Debt
Interest coverage ratio | 4.7x |
Cash | د.ك78.91m |
Equity | د.ك292.33m |
Total liabilities | د.ك354.47m |
Total assets | د.ك646.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BPCC's short term assets (KWD126.7M) exceed its short term liabilities (KWD76.9M).
Long Term Liabilities: BPCC's short term assets (KWD126.7M) do not cover its long term liabilities (KWD277.5M).
Debt to Equity History and Analysis
Debt Level: BPCC's net debt to equity ratio (69.9%) is considered high.
Reducing Debt: BPCC's debt to equity ratio has increased from 70.5% to 96.9% over the past 5 years.
Debt Coverage: BPCC's debt is not well covered by operating cash flow (6.2%).
Interest Coverage: BPCC's interest payments on its debt are well covered by EBIT (4.7x coverage).