Land United Real Estate Company K.S.C. (Closed) Balance Sheet Health
Financial Health criteria checks 4/6
Land United Real Estate Company K.S.C. (Closed) has a total shareholder equity of KWD17.0M and total debt of KWD2.2M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are KWD54.7M and KWD37.8M respectively. Land United Real Estate Company K.S.C. (Closed)'s EBIT is KWD1.8M making its interest coverage ratio 1.2. It has cash and short-term investments of KWD117.0K.
Key information
13.2%
Debt to equity ratio
د.ك2.24m
Debt
| Interest coverage ratio | 1.2x |
| Cash | د.ك116.99k |
| Equity | د.ك16.95m |
| Total liabilities | د.ك37.76m |
| Total assets | د.ك54.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LAND's short term assets (KWD730.8K) do not cover its short term liabilities (KWD37.7M).
Long Term Liabilities: LAND's short term assets (KWD730.8K) exceed its long term liabilities (KWD97.2K).
Debt to Equity History and Analysis
Debt Level: LAND's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if LAND's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: LAND has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: LAND has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 43.5% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/01/29 16:47 |
| End of Day Share Price | 2022/12/08 00:00 |
| Earnings | 2022/09/30 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Land United Real Estate Company K.S.C. (Closed) is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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