Kuwait Real Estate Company K.P.S.C Balance Sheet Health
Financial Health criteria checks 1/6
Kuwait Real Estate Company K.P.S.C has a total shareholder equity of KWD157.7M and total debt of KWD202.6M, which brings its debt-to-equity ratio to 128.5%. Its total assets and total liabilities are KWD393.4M and KWD235.7M respectively. Kuwait Real Estate Company K.P.S.C's EBIT is KWD19.0M making its interest coverage ratio 1.8. It has cash and short-term investments of KWD17.1M.
Key information
128.5%
Debt to equity ratio
د.ك202.61m
Debt
Interest coverage ratio | 1.8x |
Cash | د.ك17.13m |
Equity | د.ك157.68m |
Total liabilities | د.ك235.73m |
Total assets | د.ك393.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KRE's short term assets (KWD63.7M) exceed its short term liabilities (KWD51.3M).
Long Term Liabilities: KRE's short term assets (KWD63.7M) do not cover its long term liabilities (KWD184.4M).
Debt to Equity History and Analysis
Debt Level: KRE's net debt to equity ratio (117.6%) is considered high.
Reducing Debt: KRE's debt to equity ratio has increased from 92.9% to 128.5% over the past 5 years.
Debt Coverage: KRE's debt is not well covered by operating cash flow (3.2%).
Interest Coverage: KRE's interest payments on its debt are not well covered by EBIT (1.8x coverage).