Kuwait Remal Real Estate Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 1/6
Kuwait Remal Real Estate Company K.S.C.P has a total shareholder equity of KWD2.2M and total debt of KWD25.9M, which brings its debt-to-equity ratio to 1168.6%. Its total assets and total liabilities are KWD44.5M and KWD42.3M respectively.
Key information
1,168.6%
Debt to equity ratio
د.ك25.90m
Debt
| Interest coverage ratio | n/a |
| Cash | د.ك40.00 |
| Equity | د.ك2.22m |
| Total liabilities | د.ك42.31m |
| Total assets | د.ك44.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REMAL's short term assets (KWD6.4M) do not cover its short term liabilities (KWD42.3M).
Long Term Liabilities: REMAL's short term assets (KWD6.4M) exceed its long term liabilities (KWD22.2K).
Debt to Equity History and Analysis
Debt Level: REMAL's net debt to equity ratio (1168.6%) is considered high.
Reducing Debt: REMAL's debt to equity ratio has increased from 99.9% to 1168.6% 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: REMAL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: REMAL has less than a year of cash runway if free cash flow continues to grow at historical rates of 9.2% each year.