Tamdeen Real Estate Company - KPSC Balance Sheet Health
Financial Health criteria checks 3/6
Tamdeen Real Estate Company - KPSC has a total shareholder equity of KWD377.7M and total debt of KWD153.4M, which brings its debt-to-equity ratio to 40.6%. Its total assets and total liabilities are KWD562.6M and KWD184.9M respectively. Tamdeen Real Estate Company - KPSC's EBIT is KWD29.9M making its interest coverage ratio 3.6. It has cash and short-term investments of KWD27.4M.
Key information
40.6%
Debt to equity ratio
د.ك153.45m
Debt
| Interest coverage ratio | 3.6x |
| Cash | د.ك27.44m |
| Equity | د.ك377.72m |
| Total liabilities | د.ك184.88m |
| Total assets | د.ك562.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAM's short term assets (KWD43.6M) do not cover its short term liabilities (KWD90.8M).
Long Term Liabilities: TAM's short term assets (KWD43.6M) do not cover its long term liabilities (KWD94.0M).
Debt to Equity History and Analysis
Debt Level: TAM's net debt to equity ratio (33.4%) is considered satisfactory.
Reducing Debt: TAM's debt to equity ratio has reduced from 115.4% to 40.6% over the past 5 years.
Debt Coverage: TAM's debt is not well covered by operating cash flow (5%).
Interest Coverage: TAM's interest payments on its debt are well covered by EBIT (3.6x coverage).