Mabanee Company K.P.S.C Balance Sheet Health
Financial Health criteria checks 2/6
Mabanee Company K.P.S.C has a total shareholder equity of KWD700.8M and total debt of KWD545.2M, which brings its debt-to-equity ratio to 77.8%. Its total assets and total liabilities are KWD1.4B and KWD654.2M respectively. Mabanee Company K.P.S.C's EBIT is KWD71.6M making its interest coverage ratio 6. It has cash and short-term investments of KWD160.8M.
Key information
77.8%
Debt to equity ratio
د.ك545.15m
Debt
Interest coverage ratio | 6x |
Cash | د.ك160.84m |
Equity | د.ك700.85m |
Total liabilities | د.ك654.17m |
Total assets | د.ك1.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MABANEE's short term assets (KWD185.7M) exceed its short term liabilities (KWD95.5M).
Long Term Liabilities: MABANEE's short term assets (KWD185.7M) do not cover its long term liabilities (KWD558.7M).
Debt to Equity History and Analysis
Debt Level: MABANEE's net debt to equity ratio (54.8%) is considered high.
Reducing Debt: MABANEE's debt to equity ratio has increased from 62.5% to 77.8% over the past 5 years.
Debt Coverage: MABANEE's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: MABANEE's interest payments on its debt are well covered by EBIT (6x coverage).