Al-Masaken International for Real Estate Development Company - K.S.C. (Public) Balance Sheet Health
Financial Health criteria checks 4/6
Al-Masaken International for Real Estate Development Company - K.S.C. (Public) has a total shareholder equity of KWD5.1M and total debt of KWD8.9M, which brings its debt-to-equity ratio to 175.3%. Its total assets and total liabilities are KWD19.0M and KWD13.9M respectively. Al-Masaken International for Real Estate Development Company - K.S.C. (Public)'s EBIT is KWD118.1K making its interest coverage ratio 0.2. It has cash and short-term investments of KWD14.2K.
Key information
175.3%
Debt to equity ratio
د.ك8.94m
Debt
Interest coverage ratio | 0.2x |
Cash | د.ك14.22k |
Equity | د.ك5.10m |
Total liabilities | د.ك13.94m |
Total assets | د.ك19.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MASAKEN's short term assets (KWD12.8M) exceed its short term liabilities (KWD12.5M).
Long Term Liabilities: MASAKEN's short term assets (KWD12.8M) exceed its long term liabilities (KWD1.4M).
Debt to Equity History and Analysis
Debt Level: MASAKEN's net debt to equity ratio (175%) is considered high.
Reducing Debt: MASAKEN's debt to equity ratio has increased from 101.6% to 175.3% 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: Whilst unprofitable MASAKEN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MASAKEN is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13.6% per year.