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 KWD43.1M and total debt of KWD7.3M, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are KWD56.5M and KWD13.5M respectively. Al-Enma'a Real Estate Company K.S.C.P's EBIT is KWD987.9K making its interest coverage ratio 24.2. It has cash and short-term investments of KWD8.9M.
Key information
16.9%
Debt to equity ratio
د.ك7.28m
Debt
| Interest coverage ratio | 24.2x |
| Cash | د.ك8.95m |
| Equity | د.ك43.09m |
| Total liabilities | د.ك13.45m |
| Total assets | د.ك56.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ERESCO's short term assets (KWD15.5M) exceed its short term liabilities (KWD3.1M).
Long Term Liabilities: ERESCO's short term assets (KWD15.5M) exceed its long term liabilities (KWD10.3M).
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 29.8% to 16.9% over the past 5 years.
Debt Coverage: ERESCO's debt is well covered by operating cash flow (31.8%).
Interest Coverage: ERESCO's interest payments on its debt are well covered by EBIT (24.2x coverage).