A quantitative method was used to explore the financial performance of the firms listed on the
Kuwait Stock Exchange. The number of firms explored was 196 out of a possible 206 (two firms
are subsidiaries of one of the firms and others are insurance firms excluded from this study).
The listed firms were observed from 2009-2014 to understand their status in the market and the
direction they were heading towards. The financial data were gathered from the published annual
reports of the respective firms and the financial statements from the Kuwait Stock Exchange
website. This exploration is a stepping-stone for potential investors by showing the most
profitable sectors for investment and for future researchers to predict accurate bankruptcy
rates in the State of Kuwait.
