National Industries Company - KPSC Balance Sheet Health
Financial Health criteria checks 6/6
National Industries Company - KPSC has a total shareholder equity of KWD89.9M and total debt of KWD800.6K, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are KWD121.5M and KWD31.7M respectively. National Industries Company - KPSC's EBIT is KWD2.5M making its interest coverage ratio -1.9. It has cash and short-term investments of KWD23.1M.
Key information
0.9%
Debt to equity ratio
د.ك800.59k
Debt
| Interest coverage ratio | -1.9x |
| Cash | د.ك23.06m |
| Equity | د.ك89.88m |
| Total liabilities | د.ك31.66m |
| Total assets | د.ك121.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NICBM's short term assets (KWD62.3M) exceed its short term liabilities (KWD22.4M).
Long Term Liabilities: NICBM's short term assets (KWD62.3M) exceed its long term liabilities (KWD9.2M).
Debt to Equity History and Analysis
Debt Level: NICBM has more cash than its total debt.
Reducing Debt: NICBM's debt to equity ratio has reduced from 2.3% to 0.9% over the past 5 years.
Debt Coverage: NICBM's debt is well covered by operating cash flow (1172.7%).
Interest Coverage: NICBM earns more interest than it pays, so coverage of interest payments is not a concern.