Kuwait Business Town Real Estate Company - KPSC Balance Sheet Health
Financial Health criteria checks 1/6
Kuwait Business Town Real Estate Company - KPSC has a total shareholder equity of KWD57.7M and total debt of KWD55.0M, which brings its debt-to-equity ratio to 95.2%. Its total assets and total liabilities are KWD115.2M and KWD57.5M respectively. Kuwait Business Town Real Estate Company - KPSC's EBIT is KWD2.6M making its interest coverage ratio 1.4. It has cash and short-term investments of KWD13.4M.
Key information
95.2%
Debt to equity ratio
د.ك54.97m
Debt
| Interest coverage ratio | 1.4x |
| Cash | د.ك13.43m |
| Equity | د.ك57.73m |
| Total liabilities | د.ك57.47m |
| Total assets | د.ك115.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KBT's short term assets (KWD20.9M) do not cover its short term liabilities (KWD41.8M).
Long Term Liabilities: KBT's short term assets (KWD20.9M) exceed its long term liabilities (KWD15.7M).
Debt to Equity History and Analysis
Debt Level: KBT's net debt to equity ratio (72%) is considered high.
Reducing Debt: KBT's debt to equity ratio has increased from 31.6% to 95.2% over the past 5 years.
Debt Coverage: KBT's debt is not well covered by operating cash flow (6.8%).
Interest Coverage: KBT's interest payments on its debt are not well covered by EBIT (1.4x coverage).