Munshaat Real Estate Projects Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 1/6
Munshaat Real Estate Projects Company K.S.C.P has a total shareholder equity of KWD18.4M and total debt of KWD37.5M, which brings its debt-to-equity ratio to 203.2%. Its total assets and total liabilities are KWD90.0M and KWD71.6M respectively. Munshaat Real Estate Projects Company K.S.C.P's EBIT is KWD9.2M making its interest coverage ratio 3. It has cash and short-term investments of KWD5.4M.
Key information
203.2%
Debt to equity ratio
د.ك37.46m
Debt
| Interest coverage ratio | 3x |
| Cash | د.ك5.41m |
| Equity | د.ك18.44m |
| Total liabilities | د.ك71.56m |
| Total assets | د.ك90.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MUNSHAAT's short term assets (KWD16.8M) do not cover its short term liabilities (KWD19.3M).
Long Term Liabilities: MUNSHAAT's short term assets (KWD16.8M) do not cover its long term liabilities (KWD52.3M).
Debt to Equity History and Analysis
Debt Level: MUNSHAAT's net debt to equity ratio (173.8%) is considered high.
Reducing Debt: MUNSHAAT's debt to equity ratio has increased from 113.6% to 203.2% over the past 5 years.
Debt Coverage: MUNSHAAT's debt is not well covered by operating cash flow (2.7%).
Interest Coverage: MUNSHAAT's interest payments on its debt are well covered by EBIT (3x coverage).