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 KWD76.3M and total debt of KWD35.2M, which brings its debt-to-equity ratio to 46.1%. Its total assets and total liabilities are KWD146.3M and KWD70.0M respectively. Oula Fuel Marketing Company - KSCP's EBIT is KWD1.3M making its interest coverage ratio 1. It has cash and short-term investments of KWD12.2M.
Key information
46.1%
Debt to equity ratio
د.ك35.18m
Debt
| Interest coverage ratio | 1x |
| Cash | د.ك12.19m |
| Equity | د.ك76.29m |
| Total liabilities | د.ك69.98m |
| Total assets | د.ك146.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OULAFUEL's short term assets (KWD15.3M) do not cover its short term liabilities (KWD40.2M).
Long Term Liabilities: OULAFUEL's short term assets (KWD15.3M) do not cover its long term liabilities (KWD29.8M).
Debt to Equity History and Analysis
Debt Level: OULAFUEL's net debt to equity ratio (30.1%) is considered satisfactory.
Reducing Debt: OULAFUEL's debt to equity ratio has increased from 42.5% to 46.1% over the past 5 years.
Debt Coverage: OULAFUEL's debt is well covered by operating cash flow (34.3%).
Interest Coverage: OULAFUEL's interest payments on its debt are not well covered by EBIT (1x coverage).