What is National Investments Co KSC Financial Strength?
National Investments Co KSC has the Financial Strength Rank of 5.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It 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.
National Investments Co KSC's Interest Coverage for the quarter that ended in Mar. 2024 was 9.05.
National Investments Co KSC's debt to revenue ratio for the quarter that ended in Mar. 2024 was 3.53.
As of today, National Investments Co KSC's Altman Z-Score is 2.52.
Competitive Comparison of National Investments Co KSC's Financial Strength
For the Asset Management subindustry, National Investments 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 Investments Co KSC's Financial Strength Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, National Investments Co KSC's Financial Strength distribution charts can be found below:
* The bar in red indicates where National Investments Co KSC's Financial Strength falls into.
National Investments 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 Investments Co KSC's Interest Expense for the
months ended in Mar. 2024 was KWD-0.63 Mil. Its Operating Income for the
months ended in Mar. 2024 was KWD5.71 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD42.00 Mil.
National Investments Co KSC's Interest Coverage for the quarter that ended in Mar. 2024 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
National Investments Co KSC's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is
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 Investments Co KSC has a Z-score of 2.52, indicating it is in Grey Zones. This implies that National Investments Co KSC is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.
Warning Sign:
Altman Z-score of 2.52 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
* 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.
National Investments Co KSC (KUW:NINV) Business Description
Traded in Other Exchanges
N/A
Address
Jaber Al Mubarak street, Khaleejia Complex, 19th Floor, P.O Box 25667, Sharq, Safat, Kuwait, KWT, 13117
National Investments Co KSC is an investment company providing financial and investment services. It operates in four business segments: Investment segment represents trading in equities including investment in associates and other strategic investments; the Treasury segment represents liquidity management and trading in foreign currencies; Real estate segment represents buying, selling, and investing in real estate; Asset management, advisory, and brokerage segment represent managing discretionary and non-discretionary investment portfolios, managing investment funds, brokerage services, and providing advisory and other related financial services. The company generates the majority of its revenue from Kuwait and GCC countries.
National Investments Co KSC (KUW:NINV) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
KUW:NINV has been successfully added to your