National Real Estate Co KSC (DFM:NRE) Financial Strength: 2 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is National Real Estate Co KSC Financial Strength?

National Real Estate Co KSC DFM:NRE 16 Financial Strength is 2 as of Jun. 2026. GuruFocus rates DFM:NRE with a GF Score™ of 16/100. The stock has 8 warning signs investors should review.

National Real Estate Co KSC has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

National Real Estate Co KSC displays poor financial strength. Usually, this is caused by too much debt for the company.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

National Real Estate Co KSC did not have earnings to cover the interest expense. National Real Estate Co KSC's debt to revenue ratio for the quarter that ended in Jun. 2026 was 42.98. As of today, National Real Estate Co KSC's Altman Z-Score is 0.80.


National Real Estate Co KSC  (DFM:NRE) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

National Real Estate Co KSC has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


National Real Estate Co KSC Financial Strength Related Terms


National Real Estate Co KSC Financial Strength Competitor Comparison

For the Real Estate - Development subindustry, National Real Estate Co KSC's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


National Real Estate Co KSC Financial Strength vs Real Estate Industry

For the Real Estate industry and Real Estate sector, National Real Estate Co KSC's Financial Strength distribution charts can be found below:

* The bar in red indicates where National Real Estate Co KSC's Financial Strength falls into.



National Real Estate Co KSC Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

National Real Estate Co KSC's Interest Expense for the months ended in Jun. 2026 was د.إ-22.42 Mil. Its Operating Income for the months ended in Jun. 2026 was د.إ-7.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was د.إ1,716.23 Mil.

National Real Estate Co KSC's Interest Coverage for the quarter that ended in Jun. 2026 is

National Real Estate Co KSC did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

National Real Estate Co KSC's Debt to Revenue Ratio for the quarter that ended in Jun. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 1716.228) / 39.928
=42.98

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

National Real Estate Co KSC has a Z-score of 0.80, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.8 is in distress zone. This implies bankruptcy possibility in the next two years.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Financial Strength →
What does a Financial Strength of 2 mean?
National Real Estate Co KSC (DFM:NRE) has a Financial Strength of 2 as of Jun. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on National Real Estate Co KSC and its competitors.
Is National Real Estate Co KSC's Financial Strength too high?
National Real Estate Co KSC's current Financial Strength is 2. Overall, National Real Estate Co KSC has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does National Real Estate Co KSC's Financial Strength compare to competitors?
National Real Estate Co KSC's Financial Strength of 2 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Real Estate company?
A good Financial Strength depends on the Real Estate industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on National Real Estate Co KSC and its competitors. National Real Estate Co KSC's current Financial Strength is 2. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Real Estate Co KSC stock overvalued right now?
National Real Estate Co KSC (DFM:NRE) has a current Financial Strength of 2. The current Financial Strength is 2. National Real Estate Co KSC's overall GF Score™ is 16/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For National Real Estate Co KSC (DFM:NRE), the current Financial Strength is 2 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

National Real Estate Co KSC Business Description

Other Exchanges NRE:Kuwait
Address Al-Shuhada Street, P.O. Box 22644, 58th Floor, Al-Hamra Tower, Sharq, Safat, Kuwait, KWT, 13087
National Real Estate Co KSC (NREC) is a real estate investment and development company. The company is engaged in the purchase, development, and sale of land, management of real estate properties, real estate construction, and maintenance services. The company reports in two segments: Real Estate and others, which include development, trading, leasing, and management of real estate properties and other activities, and the Investments segment, which consists of investments in an associate, joint venture, and equity securities. The portfolio of company projects includes Residential, Malls, commercial, industrial, warehousing, and resorts. NREC has development projects in the United Arab Emirates, Egypt, Jordan, Kuwait, and Libya.