United Real Estate Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 0/6
United Real Estate Company K.S.C.P has a total shareholder equity of KWD194.3M and total debt of KWD362.3M, which brings its debt-to-equity ratio to 186.4%. Its total assets and total liabilities are KWD649.3M and KWD455.0M respectively. United Real Estate Company K.S.C.P's EBIT is KWD22.8M making its interest coverage ratio 1.1. It has cash and short-term investments of KWD18.2M.
Key information
186.4%
Debt to equity ratio
د.ك362.33m
Debt
| Interest coverage ratio | 1.1x |
| Cash | د.ك18.24m |
| Equity | د.ك194.34m |
| Total liabilities | د.ك454.97m |
| Total assets | د.ك649.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: URC's short term assets (KWD69.8M) do not cover its short term liabilities (KWD95.6M).
Long Term Liabilities: URC's short term assets (KWD69.8M) do not cover its long term liabilities (KWD359.3M).
Debt to Equity History and Analysis
Debt Level: URC's net debt to equity ratio (177%) is considered high.
Reducing Debt: URC's debt to equity ratio has increased from 137.1% to 186.4% over the past 5 years.
Debt Coverage: URC's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: URC's interest payments on its debt are not well covered by EBIT (1.1x coverage).