Kuwait Telecommunications Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 5/6
Kuwait Telecommunications Company K.S.C.P has a total shareholder equity of KWD243.9M and total debt of KWD23.0M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are KWD447.7M and KWD203.8M respectively. Kuwait Telecommunications Company K.S.C.P's EBIT is KWD49.4M making its interest coverage ratio -44.1. It has cash and short-term investments of KWD101.4M.
Key information
9.4%
Debt to equity ratio
د.ك23.00m
Debt
Interest coverage ratio | -44.1x |
Cash | د.ك101.44m |
Equity | د.ك243.87m |
Total liabilities | د.ك203.80m |
Total assets | د.ك447.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STC's short term assets (KWD226.0M) exceed its short term liabilities (KWD164.3M).
Long Term Liabilities: STC's short term assets (KWD226.0M) exceed its long term liabilities (KWD39.5M).
Debt to Equity History and Analysis
Debt Level: STC has more cash than its total debt.
Reducing Debt: STC's debt to equity ratio has increased from 0% to 9.4% over the past 5 years.
Debt Coverage: STC's debt is well covered by operating cash flow (401.3%).
Interest Coverage: STC earns more interest than it pays, so coverage of interest payments is not a concern.