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 KWD51.4M and total debt of KWD65.5M, which brings its debt-to-equity ratio to 127.4%. Its total assets and total liabilities are KWD164.5M and KWD113.0M respectively. Al-Mazaya Holding Company - K.S.C. (Public)'s EBIT is KWD6.7M making its interest coverage ratio 0.9. It has cash and short-term investments of KWD9.5M.
Key information
127.4%
Debt to equity ratio
د.ك65.53m
Debt
Interest coverage ratio | 0.9x |
Cash | د.ك9.49m |
Equity | د.ك51.43m |
Total liabilities | د.ك113.02m |
Total assets | د.ك164.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAZAYA's short term assets (KWD22.7M) exceed its short term liabilities (KWD16.6M).
Long Term Liabilities: MAZAYA's short term assets (KWD22.7M) do not cover its long term liabilities (KWD96.4M).
Debt to Equity History and Analysis
Debt Level: MAZAYA's net debt to equity ratio (109%) is considered high.
Reducing Debt: MAZAYA's debt to equity ratio has increased from 96.5% to 127.4% over the past 5 years.
Debt Coverage: MAZAYA's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: MAZAYA's interest payments on its debt are not well covered by EBIT (0.9x coverage).