Tamdeen Real Estate Company - KPSC Balance Sheet Health
Financial Health criteria checks 4/6
Tamdeen Real Estate Company - KPSC has a total shareholder equity of KWD392.4M and total debt of KWD138.4M, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are KWD559.8M and KWD167.4M respectively. Tamdeen Real Estate Company - KPSC's EBIT is KWD28.4M making its interest coverage ratio 3.6. It has cash and short-term investments of KWD20.7M.
Key information
35.3%
Debt to equity ratio
د.ك138.39m
Debt
| Interest coverage ratio | 3.6x |
| Cash | د.ك20.66m |
| Equity | د.ك392.42m |
| Total liabilities | د.ك167.41m |
| Total assets | د.ك559.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAM's short term assets (KWD34.0M) exceed its short term liabilities (KWD30.2M).
Long Term Liabilities: TAM's short term assets (KWD34.0M) do not cover its long term liabilities (KWD137.2M).
Debt to Equity History and Analysis
Debt Level: TAM's net debt to equity ratio (30%) is considered satisfactory.
Reducing Debt: TAM's debt to equity ratio has reduced from 94.1% to 35.3% over the past 5 years.
Debt Coverage: TAM's debt is not well covered by operating cash flow (8.2%).
Interest Coverage: TAM's interest payments on its debt are well covered by EBIT (3.6x coverage).