National Real Estate Company - K.P.S.C Balance Sheet Health
Financial Health criteria checks 3/6
National Real Estate Company - K.P.S.C has a total shareholder equity of KWD369.9M and total debt of KWD129.8M, which brings its debt-to-equity ratio to 35.1%. Its total assets and total liabilities are KWD551.1M and KWD181.2M respectively.
Key information
35.1%
Debt to equity ratio
د.ك129.79m
Debt
| Interest coverage ratio | n/a |
| Cash | د.ك26.87m |
| Equity | د.ك369.87m |
| Total liabilities | د.ك181.22m |
| Total assets | د.ك551.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NRE's short term assets (KWD75.8M) exceed its short term liabilities (KWD49.7M).
Long Term Liabilities: NRE's short term assets (KWD75.8M) do not cover its long term liabilities (KWD131.6M).
Debt to Equity History and Analysis
Debt Level: NRE's net debt to equity ratio (27.8%) is considered satisfactory.
Reducing Debt: NRE's debt to equity ratio has reduced from 47.7% to 35.1% over the past 5 years.
Debt Coverage: NRE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NRE's interest payments on its debt are well covered by EBIT.