Al Argan International Real Estate Company - K.S.C.P Balance Sheet Health
Financial Health criteria checks 1/6
Al Argan International Real Estate Company - K.S.C.P has a total shareholder equity of KWD85.1M and total debt of KWD90.0M, which brings its debt-to-equity ratio to 105.7%. Its total assets and total liabilities are KWD254.9M and KWD169.7M respectively. Al Argan International Real Estate Company - K.S.C.P's EBIT is KWD16.5M making its interest coverage ratio 2.5. It has cash and short-term investments of KWD2.4M.
Key information
105.7%
Debt to equity ratio
د.ك89.99m
Debt
Interest coverage ratio | 2.5x |
Cash | د.ك2.43m |
Equity | د.ك85.15m |
Total liabilities | د.ك169.70m |
Total assets | د.ك254.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARGAN's short term assets (KWD39.5M) exceed its short term liabilities (KWD34.9M).
Long Term Liabilities: ARGAN's short term assets (KWD39.5M) do not cover its long term liabilities (KWD134.8M).
Debt to Equity History and Analysis
Debt Level: ARGAN's net debt to equity ratio (102.8%) is considered high.
Reducing Debt: ARGAN's debt to equity ratio has increased from 65% to 105.7% over the past 5 years.
Debt Coverage: ARGAN's debt is not well covered by operating cash flow (2.8%).
Interest Coverage: ARGAN's interest payments on its debt are not well covered by EBIT (2.5x coverage).