National Mobile Telecommunications Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 5/6
National Mobile Telecommunications Company K.S.C.P has a total shareholder equity of KWD626.3M and total debt of KWD11.8M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are KWD1.2B and KWD610.3M respectively. National Mobile Telecommunications Company K.S.C.P's EBIT is KWD99.6M making its interest coverage ratio 29. It has cash and short-term investments of KWD228.9M.
Key information
1.9%
Debt to equity ratio
د.ك11.84m
Debt
| Interest coverage ratio | 29x |
| Cash | د.ك228.94m |
| Equity | د.ك626.27m |
| Total liabilities | د.ك610.33m |
| Total assets | د.ك1.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OOREDOO's short term assets (KWD428.5M) do not cover its short term liabilities (KWD459.1M).
Long Term Liabilities: OOREDOO's short term assets (KWD428.5M) exceed its long term liabilities (KWD151.2M).
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 15.6% to 1.9% over the past 5 years.
Debt Coverage: OOREDOO's debt is well covered by operating cash flow (1641.9%).
Interest Coverage: OOREDOO's interest payments on its debt are well covered by EBIT (29x coverage).