Arkan Al-Kuwait Real Estate Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 0/6
Arkan Al-Kuwait Real Estate Company K.S.C.P has a total shareholder equity of KWD45.8M and total debt of KWD51.8M, which brings its debt-to-equity ratio to 113.1%. Its total assets and total liabilities are KWD107.9M and KWD62.2M respectively. Arkan Al-Kuwait Real Estate Company K.S.C.P's EBIT is KWD2.3M making its interest coverage ratio 0.7. It has cash and short-term investments of KWD1.0M.
Key information
113.1%
Debt to equity ratio
د.ك51.77m
Debt
| Interest coverage ratio | 0.7x |
| Cash | د.ك1.01m |
| Equity | د.ك45.78m |
| Total liabilities | د.ك62.17m |
| Total assets | د.ك107.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARKAN's short term assets (KWD2.2M) do not cover its short term liabilities (KWD14.5M).
Long Term Liabilities: ARKAN's short term assets (KWD2.2M) do not cover its long term liabilities (KWD47.6M).
Debt to Equity History and Analysis
Debt Level: ARKAN's net debt to equity ratio (110.9%) is considered high.
Reducing Debt: ARKAN's debt to equity ratio has increased from 75.2% to 113.1% over the past 5 years.
Debt Coverage: ARKAN's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: ARKAN's interest payments on its debt are not well covered by EBIT (0.7x coverage).