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 KWD350.5M and total debt of KWD132.4M, which brings its debt-to-equity ratio to 37.8%. Its total assets and total liabilities are KWD533.2M and KWD182.7M respectively.
Key information
37.8%
Debt to equity ratio
د.ك132.43m
Debt
| Interest coverage ratio | n/a |
| Cash | د.ك28.50m |
| Equity | د.ك350.48m |
| Total liabilities | د.ك182.69m |
| Total assets | د.ك533.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NRE's short term assets (KWD80.7M) exceed its short term liabilities (KWD27.6M).
Long Term Liabilities: NRE's short term assets (KWD80.7M) do not cover its long term liabilities (KWD155.1M).
Debt to Equity History and Analysis
Debt Level: NRE's net debt to equity ratio (29.7%) is considered satisfactory.
Reducing Debt: NRE's debt to equity ratio has reduced from 48.6% to 37.8% over the past 5 years.
Debt Coverage: NRE's debt is not well covered by operating cash flow (0.2%).
Interest Coverage: Insufficient data to determine if NRE's interest payments on its debt are well covered by EBIT.