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 ratio | 1.7x |
| Cash | د.ك1.80m |
| Equity | د.ك41.43m |
| Total liabilities | د.ك35.02m |
| Total assets | د.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).