Ajial Real Estate Entertainment Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 2/6
Ajial Real Estate Entertainment Company K.S.C.P has a total shareholder equity of KWD136.7M and total debt of KWD31.8M, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are KWD172.6M and KWD35.9M respectively. Ajial Real Estate Entertainment Company K.S.C.P's EBIT is KWD6.1M making its interest coverage ratio 3.6. It has cash and short-term investments of KWD3.6M.
Key information
23.2%
Debt to equity ratio
د.ك31.75m
Debt
Interest coverage ratio | 3.6x |
Cash | د.ك3.55m |
Equity | د.ك136.69m |
Total liabilities | د.ك35.93m |
Total assets | د.ك172.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AREEC's short term assets (KWD3.9M) do not cover its short term liabilities (KWD4.2M).
Long Term Liabilities: AREEC's short term assets (KWD3.9M) do not cover its long term liabilities (KWD31.7M).
Debt to Equity History and Analysis
Debt Level: AREEC's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: AREEC's debt to equity ratio has increased from 8.2% to 23.2% over the past 5 years.
Debt Coverage: AREEC's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: AREEC's interest payments on its debt are well covered by EBIT (3.6x coverage).