Tijara & Real Estate Investment Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 1/6
Tijara & Real Estate Investment Company K.S.C.P has a total shareholder equity of KWD41.0M and total debt of KWD32.7M, which brings its debt-to-equity ratio to 79.7%. Its total assets and total liabilities are KWD77.4M and KWD36.4M respectively. Tijara & Real Estate Investment Company K.S.C.P's EBIT is KWD2.9M making its interest coverage ratio 1.6. It has cash and short-term investments of KWD3.0M.
Key information
79.7%
Debt to equity ratio
د.ك32.70m
Debt
Interest coverage ratio | 1.6x |
Cash | د.ك3.01m |
Equity | د.ك41.01m |
Total liabilities | د.ك36.44m |
Total assets | د.ك77.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TIJARA's short term assets (KWD3.6M) exceed its short term liabilities (KWD2.5M).
Long Term Liabilities: TIJARA's short term assets (KWD3.6M) do not cover its long term liabilities (KWD33.9M).
Debt to Equity History and Analysis
Debt Level: TIJARA's net debt to equity ratio (72.4%) is considered high.
Reducing Debt: TIJARA's debt to equity ratio has increased from 69.9% to 79.7% over the past 5 years.
Debt Coverage: TIJARA's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: TIJARA's interest payments on its debt are not well covered by EBIT (1.6x coverage).