National Mobile Telecommunications Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 6/6
National Mobile Telecommunications Company K.S.C.P has a total shareholder equity of KWD663.5M and total debt of KWD14.3M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are KWD1.2B and KWD575.6M respectively. National Mobile Telecommunications Company K.S.C.P's EBIT is KWD106.4M making its interest coverage ratio 27.1. It has cash and short-term investments of KWD201.9M.
Key information
2.2%
Debt to equity ratio
د.ك14.31m
Debt
| Interest coverage ratio | 27.1x |
| Cash | د.ك201.94m |
| Equity | د.ك663.47m |
| Total liabilities | د.ك575.59m |
| Total assets | د.ك1.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OOREDOO's short term assets (KWD405.9M) exceed its short term liabilities (KWD400.2M).
Long Term Liabilities: OOREDOO's short term assets (KWD405.9M) exceed its long term liabilities (KWD175.4M).
Debt to Equity History and Analysis
Debt Level: OOREDOO has more cash than its total debt.
Reducing Debt: OOREDOO's debt to equity ratio has reduced from 17.2% to 2.2% over the past 5 years.
Debt Coverage: OOREDOO's debt is well covered by operating cash flow (1592%).
Interest Coverage: OOREDOO's interest payments on its debt are well covered by EBIT (27.1x coverage).