MENA Real Estate Company - KSCP Balance Sheet Health
Financial Health criteria checks 4/6
MENA Real Estate Company - KSCP has a total shareholder equity of KWD11.4M and total debt of KWD3.6M, which brings its debt-to-equity ratio to 31.8%. Its total assets and total liabilities are KWD17.6M and KWD6.1M respectively.
Key information
31.8%
Debt to equity ratio
د.ك3.64m
Debt
| Interest coverage ratio | n/a |
| Cash | د.ك2.77m |
| Equity | د.ك11.43m |
| Total liabilities | د.ك6.13m |
| Total assets | د.ك17.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MENA's short term assets (KWD4.2M) do not cover its short term liabilities (KWD6.1M).
Long Term Liabilities: MENA's short term assets (KWD4.2M) exceed its long term liabilities (KWD67.4K).
Debt to Equity History and Analysis
Debt Level: MENA's net debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: MENA's debt to equity ratio has increased from 18.1% to 31.8% 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 MENA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MENA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 14.4% per year.