|
Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).
Coast Investment & Development (الساحل للتنمية و الاستثمار )
Main Activities: Investment Brokerage and Other Financial Investments - Funds, Trusts, and Other Financial Vehicles
 |
Please check the full coverage of information what EMIS can offer you. | SEE SAMPLE |
Company Information |
|
Full name Coast Investment & Development (الساحل للتنمية و الاستثمار ) Headquarters P.O. Box 26755, Coast Building, Shuhada Street, Al Sharq Area, Near Sawaber Complex, Safat 13128.; Al safat; Al Asimah |
Status: Listed Legal Form: Limited Liability Company Operational Status: Operational Financial Auditors: Dr. Soud Al-Homedi & Co. / Beker Tele International / Ernst & You (2011) Incorporation Date: July 29, 1975 Total Employees: 65 Tel: 965 22230510 |
|
Company Description |
|
Coast Investment and Development Company is one of the leading financial institutions in Kuwait and the region. Coast was established in 1975 and listed on the Kuwait Stock Exchange in 1989. The company is primarily engaged in investment activities, including private equity, asset management and real estate investments locally and internationally. The Company is also an active player in the local, Gulf Cooperation Council countries (GCC) and international markets, offering a wide array of investment |
||
|
||
Company Analysis |
| According to the Individual - Audited financial statement for the Year of 2011, total net operating revenues increased with 88.06%, from KWD 8,439 thousands to KWD 15,870 thousands. The results of the period decreased -51.48% reaching KWD 2,814 thousands at the end of the period against KWD 5,800 thousands last year. Return on equity (Net income/Total equity) went from 10.30% to 2.64%, the Return On Asset (Net income / Total Asset) went from 4.02% to 1.11% and the Net Profit Margin (Net Income/Net Sales) went from 68.73% to 17.73% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 137.29% compared to 155.79% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 0.04 to 0.94 when compared to the previous year. |
Key Executives |
|
|||||
|
|||||
|
|||||
|
|||||
|
|||||
Companies with Similar Main Activities |
FULL COMPANY PROFILE
|
|
2011 Y (non-cons) |
2010 Y (non-cons) |
|
 | ||
| Audited | Audited | |
| ||
| Finglobe - MENA Spread Financial Statements | Finglobe - MENA Spread Financial Statements | |
| ||
| Unit | Thousands | Thousands |
| ||
Balance Sheet
| ||
Total Assets |
253,342 |
144,101 |
| ||
Current Assets |
77,950 |
2,999 |
| ||
Total Liabilities |
146,577 |
87,765 |
| ||
Shareholders Equity |
106,765 |
56,336 |
| ||
Current Liabilities |
83,345 |
84,097 |
| ||
| * All the accounts are in KWD. | ||
Income Statement
| ||
Total Operating Revenue |
15,870 |
8,439 |
| ||
Net Profit (Loss) |
2,814 |
5,800 |
| ||
| * All the accounts are in KWD. | ||
Ratios
| Profitability Ratios | ||
| ||
Return on Assets (ROA) |
1.11% |
4.02% |
| ||
Annualised Return on Assets (ROA) |
1.11% |
4.02% |
| ||
Return on Equity (ROE) |
2.64% |
10.3% |
| ||
Annualised Return on Equity (ROE) |
5% |
11.98% |
| ||
Return on Sales (ROS) |
17.73% |
68.73% |
| ||
Gross Profit Margin |
100% |
100% |
| Efficiency Ratios | ||
| ||
Accounts Receivable Turnover |
0.75x |
0.57x |
| ||
Current asset turnover |
0.20x |
2.81x |
| ||
Fixed-asset turnover |
0.09x |
0.06x |
| ||
Asset Turnover |
0.06x |
0.06x |
| Valuation figures and ratios | ||
| ||
Enterprise value |
179,482 |
87,158 |
| ||
Bookvalue (BV) |
106,765 |
56,336 |
| ||
Net Cash |
-125,132 |
-87,115 |
| Liquidity Ratios | ||
| ||
Current Ratio |
93.53% |
3.57% |
| ||
Quick ratio |
93.53% |
3.57% |
| ||
Doom's day ratio |
25.73% |
0.77% |
| Leverage Ratios | ||
| ||
Leverage ratio |
237.29% |
255.79% |
| ||
Debt to equity |
137.29% |
155.79% |
| ||
Debt to total assets |
57.86% |
60.91% |
| ||
Long Term Debt to Capital |
54.68% |
6.12% |
| Trend Ratios | ||
| ||
Revenue Trend |
188.06% |
237.32% |
| ||
Net Income Trend |
48.52% |
-42.34% |
| ||
 |