Al Soor Fuel Marketing Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 4/6
Al Soor Fuel Marketing Company K.S.C.P has a total shareholder equity of KWD70.7M and total debt of KWD2.0M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are KWD99.9M and KWD29.1M respectively.
Key information
2.8%
Debt to equity ratio
د.ك2.01m
Debt
Interest coverage ratio | n/a |
Cash | د.ك31.32m |
Equity | د.ك70.75m |
Total liabilities | د.ك29.15m |
Total assets | د.ك99.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOOR's short term assets (KWD34.2M) exceed its short term liabilities (KWD22.8M).
Long Term Liabilities: SOOR's short term assets (KWD34.2M) exceed its long term liabilities (KWD6.4M).
Debt to Equity History and Analysis
Debt Level: SOOR has more cash than its total debt.
Reducing Debt: SOOR's debt to equity ratio has increased from 0% to 2.8% over the past 5 years.
Debt Coverage: SOOR's debt is well covered by operating cash flow (284.6%).
Interest Coverage: Insufficient data to determine if SOOR's interest payments on its debt are well covered by EBIT.