Salhia Real Estate Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 0/6
Salhia Real Estate Company K.S.C.P has a total shareholder equity of KWD176.5M and total debt of KWD309.0M, which brings its debt-to-equity ratio to 175%. Its total assets and total liabilities are KWD523.2M and KWD346.6M respectively. Salhia Real Estate Company K.S.C.P's EBIT is KWD21.8M making its interest coverage ratio 2. It has cash and short-term investments of KWD5.4M.
Key information
175.0%
Debt to equity ratio
د.ك308.96m
Debt
| Interest coverage ratio | 2x |
| Cash | د.ك5.43m |
| Equity | د.ك176.53m |
| Total liabilities | د.ك346.64m |
| Total assets | د.ك523.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SRE's short term assets (KWD15.9M) do not cover its short term liabilities (KWD73.3M).
Long Term Liabilities: SRE's short term assets (KWD15.9M) do not cover its long term liabilities (KWD273.4M).
Debt to Equity History and Analysis
Debt Level: SRE's net debt to equity ratio (171.9%) is considered high.
Reducing Debt: SRE's debt to equity ratio has increased from 112.1% to 175% over the past 5 years.
Debt Coverage: SRE's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: SRE's interest payments on its debt are not well covered by EBIT (2x coverage).