Dar Al-Thuraya Real Estate K.S.C. (Public) Balance Sheet Health
Financial Health criteria checks 5/6
Dar Al-Thuraya Real Estate K.S.C. (Public) has a total shareholder equity of KWD17.9M and total debt of KWD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are KWD21.1M and KWD3.2M respectively. Dar Al-Thuraya Real Estate K.S.C. (Public)'s EBIT is KWD509.6K making its interest coverage ratio 9.4. It has cash and short-term investments of KWD1.1M.
Key information
0%
Debt to equity ratio
د.ك0
Debt
| Interest coverage ratio | 9.4x |
| Cash | د.ك1.05m |
| Equity | د.ك17.92m |
| Total liabilities | د.ك3.16m |
| Total assets | د.ك21.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THURAYA's short term assets (KWD1.1M) do not cover its short term liabilities (KWD3.1M).
Long Term Liabilities: THURAYA's short term assets (KWD1.1M) exceed its long term liabilities (KWD19.8K).
Debt to Equity History and Analysis
Debt Level: THURAYA is debt free.
Reducing Debt: THURAYA had no debt 5 years ago.
Debt Coverage: THURAYA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: THURAYA has no debt, therefore coverage of interest payments is not a concern.