United Projects Company For Aviation Services K.S.C.P Balance Sheet Health
Financial Health criteria checks 1/6
United Projects Company For Aviation Services K.S.C.P has a total shareholder equity of KWD107.5M and total debt of KWD140.6M, which brings its debt-to-equity ratio to 130.8%. Its total assets and total liabilities are KWD279.0M and KWD171.5M respectively. United Projects Company For Aviation Services K.S.C.P's EBIT is KWD3.9M making its interest coverage ratio -44.6. It has cash and short-term investments of KWD9.0M.
Key information
130.8%
Debt to equity ratio
د.ك140.58m
Debt
| Interest coverage ratio | -44.6x |
| Cash | د.ك8.99m |
| Equity | د.ك107.46m |
| Total liabilities | د.ك171.50m |
| Total assets | د.ك278.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UPAC's short term assets (KWD11.1M) do not cover its short term liabilities (KWD147.1M).
Long Term Liabilities: UPAC's short term assets (KWD11.1M) do not cover its long term liabilities (KWD24.4M).
Debt to Equity History and Analysis
Debt Level: UPAC's net debt to equity ratio (122.5%) is considered high.
Reducing Debt: UPAC's debt to equity ratio has increased from 19.3% to 130.8% over the past 5 years.
Debt Coverage: UPAC's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: UPAC earns more interest than it pays, so coverage of interest payments is not a concern.