Commercial Real Estate Company K.P.S.C Balance Sheet Health
Financial Health criteria checks 1/6
Commercial Real Estate Company K.P.S.C has a total shareholder equity of KWD319.4M and total debt of KWD240.5M, which brings its debt-to-equity ratio to 75.3%. Its total assets and total liabilities are KWD575.4M and KWD256.0M respectively. Commercial Real Estate Company K.P.S.C's EBIT is KWD24.5M making its interest coverage ratio 2. It has cash and short-term investments of KWD56.0M.
Key information
75.3%
Debt to equity ratio
د.ك240.49m
Debt
| Interest coverage ratio | 2x |
| Cash | د.ك55.99m |
| Equity | د.ك319.42m |
| Total liabilities | د.ك255.98m |
| Total assets | د.ك575.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALTIJARIA's short term assets (KWD81.6M) exceed its short term liabilities (KWD21.7M).
Long Term Liabilities: ALTIJARIA's short term assets (KWD81.6M) do not cover its long term liabilities (KWD234.3M).
Debt to Equity History and Analysis
Debt Level: ALTIJARIA's net debt to equity ratio (57.8%) is considered high.
Reducing Debt: ALTIJARIA's debt to equity ratio has increased from 64.6% to 75.3% over the past 5 years.
Debt Coverage: ALTIJARIA's debt is not well covered by operating cash flow (6.4%).
Interest Coverage: ALTIJARIA's interest payments on its debt are not well covered by EBIT (2x coverage).