Al-Enma'a Real Estate Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 6/6
Al-Enma'a Real Estate Company K.S.C.P has a total shareholder equity of KWD42.2M and total debt of KWD7.6M, which brings its debt-to-equity ratio to 18.1%. Its total assets and total liabilities are KWD57.6M and KWD15.4M respectively. Al-Enma'a Real Estate Company K.S.C.P's EBIT is KWD704.9K making its interest coverage ratio 3.2. It has cash and short-term investments of KWD8.6M.
Key information
18.1%
Debt to equity ratio
د.ك7.63m
Debt
| Interest coverage ratio | 3.2x |
| Cash | د.ك8.57m |
| Equity | د.ك42.15m |
| Total liabilities | د.ك15.45m |
| Total assets | د.ك57.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ERESCO's short term assets (KWD14.8M) exceed its short term liabilities (KWD4.6M).
Long Term Liabilities: ERESCO's short term assets (KWD14.8M) exceed its long term liabilities (KWD10.9M).
Debt to Equity History and Analysis
Debt Level: ERESCO has more cash than its total debt.
Reducing Debt: ERESCO's debt to equity ratio has reduced from 33.7% to 18.1% over the past 5 years.
Debt Coverage: ERESCO's debt is well covered by operating cash flow (39.3%).
Interest Coverage: ERESCO's interest payments on its debt are well covered by EBIT (3.2x coverage).