Shamal Az-Zour Al-Oula Power and Water Company KSC (Public)

KWSE:AZNOULA Stock Report

Market Cap: د.ك168.3m

Shamal Az-Zour Al-Oula Power and Water Company KSC (Public) Balance Sheet Health

Financial Health criteria checks 2/6

Shamal Az-Zour Al-Oula Power and Water Company KSC (Public) has a total shareholder equity of KWD132.3M and total debt of KWD310.1M, which brings its debt-to-equity ratio to 234.3%. Its total assets and total liabilities are KWD453.9M and KWD321.6M respectively. Shamal Az-Zour Al-Oula Power and Water Company KSC (Public)'s EBIT is KWD29.8M making its interest coverage ratio 1.6. It has cash and short-term investments of KWD15.3M.

Key information

234.3%

Debt to equity ratio

د.ك310.09m

Debt

Interest coverage ratio1.6x
Cashد.ك15.31m
Equityد.ك132.33m
Total liabilitiesد.ك321.61m
Total assetsد.ك453.94m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: AZNOULA's short term assets (KWD40.9M) exceed its short term liabilities (KWD29.9M).

Long Term Liabilities: AZNOULA's short term assets (KWD40.9M) do not cover its long term liabilities (KWD291.8M).


Debt to Equity History and Analysis

Debt Level: AZNOULA's net debt to equity ratio (222.8%) is considered high.

Reducing Debt: AZNOULA's debt to equity ratio has reduced from 557.3% to 234.3% over the past 5 years.

Debt Coverage: AZNOULA's debt is not well covered by operating cash flow (15.7%).

Interest Coverage: AZNOULA's interest payments on its debt are not well covered by EBIT (1.6x coverage).


Balance Sheet


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