Jassim Transport & Stevedoring Company K.S.C.P Balance Sheet Health
Financial Health criteria checks 5/6
Jassim Transport & Stevedoring Company K.S.C.P has a total shareholder equity of KWD51.6M and total debt of KWD15.8M, which brings its debt-to-equity ratio to 30.6%. Its total assets and total liabilities are KWD75.7M and KWD24.1M respectively. Jassim Transport & Stevedoring Company K.S.C.P's EBIT is KWD6.1M making its interest coverage ratio 33.4. It has cash and short-term investments of KWD15.1M.
Key information
30.6%
Debt to equity ratio
د.ك15.79m
Debt
Interest coverage ratio | 33.4x |
Cash | د.ك15.07m |
Equity | د.ك51.56m |
Total liabilities | د.ك24.13m |
Total assets | د.ك75.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JTC's short term assets (KWD25.7M) exceed its short term liabilities (KWD7.6M).
Long Term Liabilities: JTC's short term assets (KWD25.7M) exceed its long term liabilities (KWD16.5M).
Debt to Equity History and Analysis
Debt Level: JTC's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: JTC's debt to equity ratio has increased from 0% to 30.6% over the past 5 years.
Debt Coverage: JTC's debt is well covered by operating cash flow (66.7%).
Interest Coverage: JTC's interest payments on its debt are well covered by EBIT (33.4x coverage).