Sokouk Holding Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 5/6
Sokouk Holding Company K.S.C.P has a total shareholder equity of KWD30.1M and total debt of KWD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are KWD56.0M and KWD25.8M respectively. Sokouk Holding Company K.S.C.P's EBIT is KWD5.8M making its interest coverage ratio 5. It has cash and short-term investments of KWD3.2M.
Key information
0%
Debt to equity ratio
د.ك0
Debt
| Interest coverage ratio | 5x |
| Cash | د.ك3.24m |
| Equity | د.ك30.15m |
| Total liabilities | د.ك25.81m |
| Total assets | د.ك55.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOKOUK's short term assets (KWD7.8M) do not cover its short term liabilities (KWD24.8M).
Long Term Liabilities: SOKOUK's short term assets (KWD7.8M) exceed its long term liabilities (KWD1.0M).
Debt to Equity History and Analysis
Debt Level: SOKOUK is debt free.
Reducing Debt: SOKOUK has no debt compared to 5 years ago when its debt to equity ratio was 49.4%.
Debt Coverage: SOKOUK has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SOKOUK has no debt, therefore coverage of interest payments is not a concern.