Mobile Telecommunications Company K.S.C.P.

KWSE:ZAIN Stock Report

Market Cap: د.ك2.0b

Mobile Telecommunications Company K.S.C.P Balance Sheet Health

Financial Health criteria checks 4/6

Mobile Telecommunications Company K.S.C.P has a total shareholder equity of KWD2.0B and total debt of KWD1.2B, which brings its debt-to-equity ratio to 62.8%. Its total assets and total liabilities are KWD4.9B and KWD2.9B respectively. Mobile Telecommunications Company K.S.C.P's EBIT is KWD338.6M making its interest coverage ratio 3.4. It has cash and short-term investments of KWD263.7M.

Key information

62.8%

Debt to equity ratio

د.ك1.23b

Debt

Interest coverage ratio3.4x
Cashد.ك263.68m
Equityد.ك1.96b
Total liabilitiesد.ك2.94b
Total assetsد.ك4.91b

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 (KWD1.3B).

Long Term Liabilities: ZAIN's short term assets (KWD1.4B) do not cover its long term liabilities (KWD1.6B).


Debt to Equity History and Analysis

Debt Level: ZAIN's net debt to equity ratio (49.4%) is considered high.

Reducing Debt: ZAIN's debt to equity ratio has reduced from 94.6% to 62.8% over the past 5 years.

Debt Coverage: ZAIN's debt is well covered by operating cash flow (43.2%).

Interest Coverage: ZAIN's interest payments on its debt are well covered by EBIT (3.4x coverage).


Balance Sheet


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