Al-Arabiya Real Estate Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 1/6
Al-Arabiya Real Estate Company K.S.C.P has a total shareholder equity of KWD37.1M and total debt of KWD81.7M, which brings its debt-to-equity ratio to 220.1%. Its total assets and total liabilities are KWD122.9M and KWD85.8M respectively. Al-Arabiya Real Estate Company K.S.C.P's EBIT is KWD3.8M making its interest coverage ratio 0.7. It has cash and short-term investments of KWD2.0M.
Key information
220.1%
Debt to equity ratio
د.ك81.73m
Debt
Interest coverage ratio | 0.7x |
Cash | د.ك2.04m |
Equity | د.ك37.13m |
Total liabilities | د.ك85.78m |
Total assets | د.ك122.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARABREC's short term assets (KWD5.7M) do not cover its short term liabilities (KWD85.5M).
Long Term Liabilities: ARABREC's short term assets (KWD5.7M) exceed its long term liabilities (KWD320.6K).
Debt to Equity History and Analysis
Debt Level: ARABREC's net debt to equity ratio (214.6%) is considered high.
Reducing Debt: ARABREC's debt to equity ratio has increased from 167.6% to 220.1% over the past 5 years.
Debt Coverage: ARABREC's debt is not well covered by operating cash flow (4%).
Interest Coverage: ARABREC's interest payments on its debt are not well covered by EBIT (0.7x coverage).