Aqar Real Estate Investments Company - K.S.C. (Public) Balance Sheet Health
Financial Health criteria checks 4/6
Aqar Real Estate Investments Company - K.S.C. (Public) has a total shareholder equity of KWD29.3M and total debt of KWD6.7M, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are KWD36.4M and KWD7.1M respectively. Aqar Real Estate Investments Company - K.S.C. (Public)'s EBIT is KWD1.5M making its interest coverage ratio 3.5. It has cash and short-term investments of KWD5.5M.
Key information
22.7%
Debt to equity ratio
د.ك6.65m
Debt
Interest coverage ratio | 3.5x |
Cash | د.ك5.45m |
Equity | د.ك29.31m |
Total liabilities | د.ك7.13m |
Total assets | د.ك36.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AQAR's short term assets (KWD5.7M) exceed its short term liabilities (KWD4.6M).
Long Term Liabilities: AQAR's short term assets (KWD5.7M) exceed its long term liabilities (KWD2.6M).
Debt to Equity History and Analysis
Debt Level: AQAR's net debt to equity ratio (4.1%) is considered satisfactory.
Reducing Debt: AQAR's debt to equity ratio has increased from 3% to 22.7% over the past 5 years.
Debt Coverage: AQAR's debt is not well covered by operating cash flow (8.7%).
Interest Coverage: AQAR's interest payments on its debt are well covered by EBIT (3.5x coverage).