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


Debt to equity ratio



Interest coverage ratio34x
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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