Oula Fuel Marketing Company - KSCP Balance Sheet Health
Financial Health criteria checks 2/6
Oula Fuel Marketing Company - KSCP has a total shareholder equity of KWD69.8M and total debt of KWD34.9M, which brings its debt-to-equity ratio to 50%. Its total assets and total liabilities are KWD137.8M and KWD68.0M respectively. Oula Fuel Marketing Company - KSCP's EBIT is KWD256.6K making its interest coverage ratio 0.4. It has cash and short-term investments of KWD12.0M.
Key information
50.0%
Debt to equity ratio
د.ك34.87m
Debt
Interest coverage ratio | 0.4x |
Cash | د.ك12.01m |
Equity | د.ك69.78m |
Total liabilities | د.ك68.04m |
Total assets | د.ك137.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OULAFUEL's short term assets (KWD16.2M) do not cover its short term liabilities (KWD37.1M).
Long Term Liabilities: OULAFUEL's short term assets (KWD16.2M) do not cover its long term liabilities (KWD30.9M).
Debt to Equity History and Analysis
Debt Level: OULAFUEL's net debt to equity ratio (32.8%) is considered satisfactory.
Reducing Debt: OULAFUEL's debt to equity ratio has increased from 42% to 50% over the past 5 years.
Debt Coverage: OULAFUEL's debt is well covered by operating cash flow (26.7%).
Interest Coverage: OULAFUEL's interest payments on its debt are not well covered by EBIT (0.4x coverage).