United Real Estate Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 1/6
United Real Estate Company K.S.C.P has a total shareholder equity of KWD186.6M and total debt of KWD371.6M, which brings its debt-to-equity ratio to 199.1%. Its total assets and total liabilities are KWD665.5M and KWD478.8M respectively. United Real Estate Company K.S.C.P's EBIT is KWD24.5M making its interest coverage ratio 1.1. It has cash and short-term investments of KWD35.4M.
Key information
199.1%
Debt to equity ratio
د.ك371.62m
Debt
Interest coverage ratio | 1.1x |
Cash | د.ك35.38m |
Equity | د.ك186.63m |
Total liabilities | د.ك478.85m |
Total assets | د.ك665.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: URC's short term assets (KWD90.5M) exceed its short term liabilities (KWD88.7M).
Long Term Liabilities: URC's short term assets (KWD90.5M) do not cover its long term liabilities (KWD390.2M).
Debt to Equity History and Analysis
Debt Level: URC's net debt to equity ratio (180.2%) is considered high.
Reducing Debt: URC's debt to equity ratio has increased from 138.6% to 199.1% over the past 5 years.
Debt Coverage: URC's debt is not well covered by operating cash flow (5.2%).
Interest Coverage: URC's interest payments on its debt are not well covered by EBIT (1.1x coverage).