Al Madar Kuwait Holding Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 4/6
Al Madar Kuwait Holding Company K.S.C.P has a total shareholder equity of KWD23.7M and total debt of KWD996.2K, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are KWD27.8M and KWD4.2M respectively. Al Madar Kuwait Holding Company K.S.C.P's EBIT is KWD245.0K making its interest coverage ratio 4.3. It has cash and short-term investments of KWD1.1M.
Key information
4.2%
Debt to equity ratio
د.ك996.25k
Debt
Interest coverage ratio | 4.3x |
Cash | د.ك1.12m |
Equity | د.ك23.68m |
Total liabilities | د.ك4.16m |
Total assets | د.ك27.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MADAR's short term assets (KWD1.6M) do not cover its short term liabilities (KWD3.9M).
Long Term Liabilities: MADAR's short term assets (KWD1.6M) exceed its long term liabilities (KWD305.6K).
Debt to Equity History and Analysis
Debt Level: MADAR has more cash than its total debt.
Reducing Debt: MADAR's debt to equity ratio has reduced from 17.6% to 4.2% over the past 5 years.
Debt Coverage: MADAR's debt is not well covered by operating cash flow (0.7%).
Interest Coverage: MADAR's interest payments on its debt are well covered by EBIT (4.3x coverage).