Ali Al-Ghanim Sons Automotive Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 5/6
Ali Al-Ghanim Sons Automotive Company K.S.C.P has a total shareholder equity of KWD90.8M and total debt of KWD65.5M, which brings its debt-to-equity ratio to 72.1%. Its total assets and total liabilities are KWD247.2M and KWD156.4M respectively. Ali Al-Ghanim Sons Automotive Company K.S.C.P's EBIT is KWD32.5M making its interest coverage ratio 10.8. It has cash and short-term investments of KWD16.4M.
Key information
72.1%
Debt to equity ratio
د.ك65.52m
Debt
| Interest coverage ratio | 10.8x |
| Cash | د.ك16.43m |
| Equity | د.ك90.84m |
| Total liabilities | د.ك156.39m |
| Total assets | د.ك247.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALG's short term assets (KWD119.6M) exceed its short term liabilities (KWD100.1M).
Long Term Liabilities: ALG's short term assets (KWD119.6M) exceed its long term liabilities (KWD56.3M).
Debt to Equity History and Analysis
Debt Level: ALG's net debt to equity ratio (54%) is considered high.
Reducing Debt: ALG's debt to equity ratio has reduced from 80.7% to 72.1% over the past 5 years.
Debt Coverage: ALG's debt is well covered by operating cash flow (37.8%).
Interest Coverage: ALG's interest payments on its debt are well covered by EBIT (10.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 06:53 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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
Ali Al-Ghanim Sons Automotive Company K.S.C.P. is covered by 1 analysts. 0 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 |
|---|---|
| Hatem Alaa | EFG-Hermes Research |