Tijara & Real Estate Investment Company K.S.C.P.

KWSE:TIJARA Stock Report

Market Cap: د.ك21.6m

Tijara & Real Estate Investment Company K.S.C.P Balance Sheet Health

Financial Health criteria checks 2/6

Tijara & Real Estate Investment Company K.S.C.P has a total shareholder equity of KWD41.4M and total debt of KWD28.1M, which brings its debt-to-equity ratio to 67.9%. Its total assets and total liabilities are KWD76.5M and KWD35.0M respectively. Tijara & Real Estate Investment Company K.S.C.P's EBIT is KWD3.1M making its interest coverage ratio 1.7. It has cash and short-term investments of KWD1.8M.

Key information

67.9%

Debt to equity ratio

د.ك28.13m

Debt

Interest coverage ratio1.7x
Cashد.ك1.80m
Equityد.ك41.43m
Total liabilitiesد.ك35.02m
Total assetsد.ك76.45m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TIJARA's short term assets (KWD2.6M) exceed its short term liabilities (KWD1.1M).

Long Term Liabilities: TIJARA's short term assets (KWD2.6M) do not cover its long term liabilities (KWD34.0M).


Debt to Equity History and Analysis

Debt Level: TIJARA's net debt to equity ratio (63.6%) is considered high.

Reducing Debt: TIJARA's debt to equity ratio has reduced from 76.9% to 67.9% over the past 5 years.

Debt Coverage: TIJARA's debt is not well covered by operating cash flow (10.1%).

Interest Coverage: TIJARA's interest payments on its debt are not well covered by EBIT (1.7x coverage).


Balance Sheet


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