Kuwait National Cinema Company (K.P.S.C) Balance Sheet Health
Financial Health criteria checks 0/6
Kuwait National Cinema Company (K.P.S.C) has a total shareholder equity of KWD85.0M and total debt of KWD81.5M, which brings its debt-to-equity ratio to 95.8%. Its total assets and total liabilities are KWD227.4M and KWD142.4M respectively. Kuwait National Cinema Company (K.P.S.C)'s EBIT is KWD7.0M making its interest coverage ratio 2.7. It has cash and short-term investments of KWD36.9M.
Key information
95.8%
Debt to equity ratio
د.ك81.47m
Debt
| Interest coverage ratio | 2.7x |
| Cash | د.ك36.93m |
| Equity | د.ك85.02m |
| Total liabilities | د.ك142.39m |
| Total assets | د.ك227.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KCIN's short term assets (KWD38.4M) do not cover its short term liabilities (KWD46.1M).
Long Term Liabilities: KCIN's short term assets (KWD38.4M) do not cover its long term liabilities (KWD96.3M).
Debt to Equity History and Analysis
Debt Level: KCIN's net debt to equity ratio (52.4%) is considered high.
Reducing Debt: KCIN's debt to equity ratio has increased from 35.1% to 95.8% over the past 5 years.
Debt Coverage: KCIN's debt is not well covered by operating cash flow (19.7%).
Interest Coverage: KCIN's interest payments on its debt are not well covered by EBIT (2.7x coverage).