Al Madar Kuwait Holding Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 5/6
Al Madar Kuwait Holding Company K.S.C.P has a total shareholder equity of KWD24.0M and total debt of KWD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are KWD28.0M and KWD4.0M respectively. Al Madar Kuwait Holding Company K.S.C.P's EBIT is KWD471.5K making its interest coverage ratio 7.9. It has cash and short-term investments of KWD1.3M.
Key information
0%
Debt to equity ratio
د.ك0
Debt
| Interest coverage ratio | 7.9x |
| Cash | د.ك1.31m |
| Equity | د.ك23.98m |
| Total liabilities | د.ك4.03m |
| Total assets | د.ك28.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MADAR's short term assets (KWD1.8M) do not cover its short term liabilities (KWD3.7M).
Long Term Liabilities: MADAR's short term assets (KWD1.8M) exceed its long term liabilities (KWD292.0K).
Debt to Equity History and Analysis
Debt Level: MADAR is debt free.
Reducing Debt: MADAR has no debt compared to 5 years ago when its debt to equity ratio was 15.5%.
Debt Coverage: MADAR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MADAR has no debt, therefore coverage of interest payments is not a concern.