Kuwait and Gulf Link Transport Company K.P.S.C Balance Sheet Health
Financial Health criteria checks 2/6
Kuwait and Gulf Link Transport Company K.P.S.C has a total shareholder equity of KWD23.3M and total debt of KWD65.6M, which brings its debt-to-equity ratio to 281.9%. Its total assets and total liabilities are KWD178.0M and KWD154.7M respectively. Kuwait and Gulf Link Transport Company K.P.S.C's EBIT is KWD1.6M making its interest coverage ratio 0.3. It has cash and short-term investments of KWD5.1M.
Key information
281.9%
Debt to equity ratio
د.ك65.57m
Debt
| Interest coverage ratio | 0.3x |
| Cash | د.ك5.12m |
| Equity | د.ك23.26m |
| Total liabilities | د.ك154.71m |
| Total assets | د.ك177.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KGL's short term assets (KWD59.3M) do not cover its short term liabilities (KWD91.6M).
Long Term Liabilities: KGL's short term assets (KWD59.3M) do not cover its long term liabilities (KWD63.1M).
Debt to Equity History and Analysis
Debt Level: KGL's net debt to equity ratio (259.9%) is considered high.
Reducing Debt: KGL's debt to equity ratio has increased from 145.9% to 281.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable KGL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: KGL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 26.3% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 02:21 |
| End of Day Share Price | 2024/12/31 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 |
| |
| 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
Kuwait and Gulf Link Transport Company K.P.S.C. is covered by 1 analysts. 0 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 |
|---|---|
| Yogesh Pathak | Virtua Research Inc. |