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 KWD45.0M and total debt of KWD53.2M, which brings its debt-to-equity ratio to 118.2%. Its total assets and total liabilities are KWD145.7M and KWD100.6M respectively. Arkan Al-Kuwait Real Estate Company K.S.C.P's EBIT is KWD2.1M making its interest coverage ratio 0.7. It has cash and short-term investments of KWD2.3M.
Key information
118.2%
Debt to equity ratio
د.ك53.20m
Debt
Interest coverage ratio | 0.7x |
Cash | د.ك2.34m |
Equity | د.ك45.02m |
Total liabilities | د.ك100.63m |
Total assets | د.ك145.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARKAN's short term assets (KWD3.4M) do not cover its short term liabilities (KWD14.0M).
Long Term Liabilities: ARKAN's short term assets (KWD3.4M) do not cover its long term liabilities (KWD86.6M).
Debt to Equity History and Analysis
Debt Level: ARKAN's net debt to equity ratio (113%) is considered high.
Reducing Debt: ARKAN's debt to equity ratio has increased from 53.8% to 118.2% over the past 5 years.
Debt Coverage: ARKAN's debt is not well covered by operating cash flow (10%).
Interest Coverage: ARKAN's interest payments on its debt are not well covered by EBIT (0.7x coverage).