Jazeera Airways K.S.C.P Balance Sheet Health
Financial Health criteria checks 3/6
Jazeera Airways K.S.C.P has a total shareholder equity of KWD39.4M and total debt of KWD42.0M, which brings its debt-to-equity ratio to 106.6%. Its total assets and total liabilities are KWD315.0M and KWD275.6M respectively. Jazeera Airways K.S.C.P's EBIT is KWD16.6M making its interest coverage ratio 2. It has cash and short-term investments of KWD64.0M.
Key information
106.6%
Debt to equity ratio
د.ك42.00m
Debt
| Interest coverage ratio | 2x |
| Cash | د.ك64.01m |
| Equity | د.ك39.38m |
| Total liabilities | د.ك275.58m |
| Total assets | د.ك314.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JAZEERA's short term assets (KWD92.5M) exceed its short term liabilities (KWD85.6M).
Long Term Liabilities: JAZEERA's short term assets (KWD92.5M) do not cover its long term liabilities (KWD190.0M).
Debt to Equity History and Analysis
Debt Level: JAZEERA has more cash than its total debt.
Reducing Debt: JAZEERA's debt to equity ratio has increased from 0% to 106.6% over the past 5 years.
Debt Coverage: JAZEERA's debt is well covered by operating cash flow (98.5%).
Interest Coverage: JAZEERA's interest payments on its debt are not well covered by EBIT (2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 07:58 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Jazeera Airways K.S.C.P. is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kais Kriaa | AlphaMena |
| Salma Kharbachi | AlphaMena |
| Jaap Meijer | Arqaam Capital Research Offshore S.A.L. |