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KAMCO Investment Company K.S.C.P (KUW:KAMCO) Financial Strength : 0 (As of Dec. 2023)


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What is KAMCO Investment Company K.S.C.P Financial Strength?

KAMCO Investment Company K.S.C.P has the Financial Strength Rank of 0.

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.

KAMCO Investment Company K.S.C.P's Interest Coverage for the quarter that ended in Dec. 2023 was 3.65. KAMCO Investment Company K.S.C.P's debt to revenue ratio for the quarter that ended in Dec. 2023 was 2.12. As of today, KAMCO Investment Company K.S.C.P's Altman Z-Score is 1.37.


Competitive Comparison of KAMCO Investment Company K.S.C.P's Financial Strength

For the Asset Management subindustry, KAMCO Investment Company K.S.C.P'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.


KAMCO Investment Company K.S.C.P's Financial Strength Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, KAMCO Investment Company K.S.C.P's Financial Strength distribution charts can be found below:

* The bar in red indicates where KAMCO Investment Company K.S.C.P's Financial Strength falls into.



KAMCO Investment Company K.S.C.P 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:

KAMCO Investment Company K.S.C.P's Interest Expense for the months ended in Dec. 2023 was KWD-0.75 Mil. Its Operating Income for the months ended in Dec. 2023 was KWD2.75 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KWD48.75 Mil.

KAMCO Investment Company K.S.C.P's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage=-1*Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*2.746/-0.753
=3.65

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. KAMCO Investment Company K.S.C.P interest coverage is 1.32, which is low.

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

KAMCO Investment Company K.S.C.P's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 48.75) / 22.976
=2.12

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.

KAMCO Investment Company K.S.C.P has a Z-score of 1.37, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.37 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.


KAMCO Investment Company K.S.C.P  (KUW:KAMCO) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

KAMCO Investment Company K.S.C.P has the Financial Strength Rank of 0.


KAMCO Investment Company K.S.C.P Financial Strength Related Terms

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KAMCO Investment Company K.S.C.P (KUW:KAMCO) Business Description

Traded in Other Exchanges
N/A
Address
Khalid Bin Waleed Street, Al-Shaheed Tower, P.O.Box 28873, Sharq, Safat, Kuwait City, KWT, 13149
KAMCO Investment Company K.S.C.P is an investment banking company. Its activities include purchasing and investing in shares or bonds of the companies in real estate, industrial and agricultural sector, managing the funds of public and private institutions, a brokerage in lending and borrowing operations, provision of loans, dealing and trading in the foreign currency market, and undertaking operations related to securities trading such as purchase and sale of shares and bonds of companies. The company's segments include Investment banking and advisory, Asset management, Brokerage, and Strategic investments & corporate overheads. The company makes majority of its revenue from Asset management segment.

KAMCO Investment Company K.S.C.P (KUW:KAMCO) Headlines

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