Qatar Gas Transport Company Limited (Nakilat) (QPSC) Balance Sheet Health
Financial Health criteria checks 2/6
Qatar Gas Transport Company Limited (Nakilat) (QPSC) has a total shareholder equity of QAR11.7B and total debt of QAR20.2B, which brings its debt-to-equity ratio to 172.6%. Its total assets and total liabilities are QAR33.6B and QAR21.8B respectively. Qatar Gas Transport Company Limited (Nakilat) (QPSC)'s EBIT is QAR1.9B making its interest coverage ratio 2. It has cash and short-term investments of QAR2.6B.
Key information
172.6%
Debt to equity ratio
ر.ق20.23b
Debt
| Interest coverage ratio | 2x |
| Cash | ر.ق2.55b |
| Equity | ر.ق11.72b |
| Total liabilities | ر.ق21.84b |
| Total assets | ر.ق33.56b |
Recent financial health updates
No updates
Recent updates
The Returns At Qatar Gas Transport Company Limited (Nakilat) (QPSC) (DSM:QGTS) Aren't Growing
Dec 05
Getting In Cheap On Qatar Gas Transport Company Limited (Nakilat) (QPSC) (DSM:QGTS) Might Be Difficult
Sep 29Statutory Profit Doesn't Reflect How Good Qatar Gas Transport Company Limited (Nakilat) (QPSC)'s (DSM:QGTS) Earnings Are
Aug 13Qatar Gas Transport Company Limited (Nakilat) (QPSC)'s (DSM:QGTS) Business Is Trailing The Market But Its Shares Aren't
Jun 12Slowing Rates Of Return At Qatar Gas Transport Company Limited (Nakilat) (QPSC) (DSM:QGTS) Leave Little Room For Excitement
May 22Financial Position Analysis
Short Term Liabilities: QGTS's short term assets (QAR3.0B) exceed its short term liabilities (QAR2.4B).
Long Term Liabilities: QGTS's short term assets (QAR3.0B) do not cover its long term liabilities (QAR19.4B).
Debt to Equity History and Analysis
Debt Level: QGTS's net debt to equity ratio (150.8%) is considered high.
Reducing Debt: QGTS's debt to equity ratio has reduced from 341.9% to 172.6% over the past 5 years.
Debt Coverage: QGTS's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: QGTS's interest payments on its debt are not well covered by EBIT (2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/15 21:09 |
| End of Day Share Price | 2025/01/15 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 |
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| 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
Qatar Gas Transport Company Limited (Nakilat) (QPSC) is covered by 15 analysts. 4 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 |
|---|---|
| Salma Kharbachi | AlphaMena |
| Ali Afifi | Arqaam Capital Research Offshore S.A.L. |
| Tibor Bokor | Arqaam Capital Research Offshore S.A.L. |