Mobile Telecommunications Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 5/6
Mobile Telecommunications Company K.S.C.P has a total shareholder equity of KWD2.0B and total debt of KWD1.3B, which brings its debt-to-equity ratio to 66.9%. Its total assets and total liabilities are KWD5.0B and KWD3.0B respectively. Mobile Telecommunications Company K.S.C.P's EBIT is KWD357.3M making its interest coverage ratio 3.6. It has cash and short-term investments of KWD530.5M.
Key information
66.9%
Debt to equity ratio
د.ك1.31b
Debt
Interest coverage ratio | 3.6x |
Cash | د.ك530.51m |
Equity | د.ك1.96b |
Total liabilities | د.ك3.04b |
Total assets | د.ك5.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZAIN's short term assets (KWD1.4B) exceed its short term liabilities (KWD1.4B).
Long Term Liabilities: ZAIN's short term assets (KWD1.4B) do not cover its long term liabilities (KWD1.7B).
Debt to Equity History and Analysis
Debt Level: ZAIN's net debt to equity ratio (39.8%) is considered satisfactory.
Reducing Debt: ZAIN's debt to equity ratio has reduced from 86.9% to 66.9% over the past 5 years.
Debt Coverage: ZAIN's debt is well covered by operating cash flow (41.3%).
Interest Coverage: ZAIN's interest payments on its debt are well covered by EBIT (3.6x coverage).