Al-Mazaya Holding Company - K.S.C. (Public) Balance Sheet Health
Financial Health criteria checks 1/6
Al-Mazaya Holding Company - K.S.C. (Public) has a total shareholder equity of KWD48.9M and total debt of KWD50.7M, which brings its debt-to-equity ratio to 103.7%. Its total assets and total liabilities are KWD140.0M and KWD91.1M respectively. Al-Mazaya Holding Company - K.S.C. (Public)'s EBIT is KWD6.8M making its interest coverage ratio 1.1. It has cash and short-term investments of KWD8.1M.
Key information
103.7%
Debt to equity ratio
د.ك50.72m
Debt
| Interest coverage ratio | 1.1x |
| Cash | د.ك8.15m |
| Equity | د.ك48.89m |
| Total liabilities | د.ك91.11m |
| Total assets | د.ك140.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAZAYA's short term assets (KWD19.9M) exceed its short term liabilities (KWD10.4M).
Long Term Liabilities: MAZAYA's short term assets (KWD19.9M) do not cover its long term liabilities (KWD80.7M).
Debt to Equity History and Analysis
Debt Level: MAZAYA's net debt to equity ratio (87.1%) is considered high.
Reducing Debt: MAZAYA's debt to equity ratio has increased from 101.4% to 103.7% over the past 5 years.
Debt Coverage: MAZAYA's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: MAZAYA's interest payments on its debt are not well covered by EBIT (1.1x coverage).