Jassim Transport & Stevedoring Company K.S.C.P.

KWSE:JTC Stock Report

Market Cap: د.ك57.5m

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 KWD53.4M and total debt of KWD10.2M, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are KWD71.3M and KWD17.9M respectively. Jassim Transport & Stevedoring Company K.S.C.P's EBIT is KWD6.2M making its interest coverage ratio 34. It has cash and short-term investments of KWD9.2M.

Key information

19.1%

Debt to equity ratio

د.ك10.19m

Debt

Interest coverage ratio34x
Cashد.ك9.17m
Equityد.ك53.41m
Total liabilitiesد.ك17.90m
Total assetsد.ك71.31m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: JTC's short term assets (KWD19.4M) exceed its short term liabilities (KWD6.0M).

Long Term Liabilities: JTC's short term assets (KWD19.4M) exceed its long term liabilities (KWD11.9M).


Debt to Equity History and Analysis

Debt Level: JTC's net debt to equity ratio (1.9%) is considered satisfactory.

Reducing Debt: JTC's debt to equity ratio has increased from 0.7% to 19.1% over the past 5 years.

Debt Coverage: JTC's debt is well covered by operating cash flow (109.4%).

Interest Coverage: JTC's interest payments on its debt are well covered by EBIT (34x coverage).


Balance Sheet


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