Al-Masaken International for Real Estate Development Company - K.S.C. (Public) Balance Sheet Health
Financial Health criteria checks 1/6
Al-Masaken International for Real Estate Development Company - K.S.C. (Public) has a total shareholder equity of KWD4.3M and total debt of KWD5.4M, which brings its debt-to-equity ratio to 125.1%. Its total assets and total liabilities are KWD13.0M and KWD8.7M respectively. Al-Masaken International for Real Estate Development Company - K.S.C. (Public)'s EBIT is KWD68.2K making its interest coverage ratio 0.1. It has cash and short-term investments of KWD485.0K.
Key information
125.1%
Debt to equity ratio
د.ك5.37m
Debt
| Interest coverage ratio | 0.1x |
| Cash | د.ك485.05k |
| Equity | د.ك4.29m |
| Total liabilities | د.ك8.68m |
| Total assets | د.ك12.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MASAKEN's short term assets (KWD6.6M) do not cover its short term liabilities (KWD7.2M).
Long Term Liabilities: MASAKEN's short term assets (KWD6.6M) exceed its long term liabilities (KWD1.4M).
Debt to Equity History and Analysis
Debt Level: MASAKEN's net debt to equity ratio (113.8%) is considered high.
Reducing Debt: MASAKEN's debt to equity ratio has increased from 102.8% to 125.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MASAKEN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MASAKEN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.5% each year