Kuwait Business Town Real Estate Company - KPSC Balance Sheet Health
Financial Health criteria checks 2/6
Kuwait Business Town Real Estate Company - KPSC has a total shareholder equity of KWD57.4M and total debt of KWD34.2M, which brings its debt-to-equity ratio to 59.5%. Its total assets and total liabilities are KWD94.5M and KWD37.0M respectively. Kuwait Business Town Real Estate Company - KPSC's EBIT is KWD1.4M making its interest coverage ratio 1. It has cash and short-term investments of KWD14.6M.
Key information
59.5%
Debt to equity ratio
د.ك34.15m
Debt
Interest coverage ratio | 1x |
Cash | د.ك14.57m |
Equity | د.ك57.43m |
Total liabilities | د.ك37.03m |
Total assets | د.ك94.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KBT's short term assets (KWD19.9M) do not cover its short term liabilities (KWD20.8M).
Long Term Liabilities: KBT's short term assets (KWD19.9M) exceed its long term liabilities (KWD16.3M).
Debt to Equity History and Analysis
Debt Level: KBT's net debt to equity ratio (34.1%) is considered satisfactory.
Reducing Debt: KBT's debt to equity ratio has increased from 15% to 59.5% over the past 5 years.
Debt Coverage: KBT's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: KBT's interest payments on its debt are not well covered by EBIT (1x coverage).