R.A.K. Ceramics P.J.S.C Balance Sheet Health
Financial Health criteria checks 4/6
R.A.K. Ceramics P.J.S.C has a total shareholder equity of AED2.3B and total debt of AED1.6B, which brings its debt-to-equity ratio to 72.9%. Its total assets and total liabilities are AED5.3B and AED3.0B respectively. R.A.K. Ceramics P.J.S.C's EBIT is AED429.1M making its interest coverage ratio 3.8. It has cash and short-term investments of AED213.3M.
Key information
72.9%
Debt to equity ratio
د.إ1.65b
Debt
Interest coverage ratio | 3.8x |
Cash | د.إ213.33m |
Equity | د.إ2.26b |
Total liabilities | د.إ3.04b |
Total assets | د.إ5.30b |
Recent financial health updates
No updates
Recent updates
R.A.K. Ceramics P.J.S.C (ADX:RAKCEC) Is Paying Out A Dividend Of AED0.10
Aug 12Returns At R.A.K. Ceramics P.J.S.C (ADX:RAKCEC) Are On The Way Up
Jan 31R.A.K. Ceramics P.J.S.C (ADX:RAKCEC) Has Announced A Dividend Of AED0.10
Feb 13R.A.K. Ceramics P.J.S.C's (ADX:RAKCEC) Conservative Accounting Might Explain Soft Earnings
Aug 10R.A.K. Ceramics P.J.S.C. (ADX:RAKCEC) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates
Aug 06Returns On Capital At R.A.K. Ceramics P.J.S.C (ADX:RAKCEC) Paint A Concerning Picture
Jun 15Are Dividend Investors Getting More Than They Bargained For With R.A.K. Ceramics P.J.S.C.'s (ADX:RAKCEC) Dividend?
Mar 25How Well Is R.A.K. Ceramics P.J.S.C (ADX:RAKCEC) Allocating Its Capital?
Feb 10R.A.K. Ceramics P.J.S.C (ADX:RAKCEC) Long Term Shareholders are 2.8% In The Black
Jan 15Does R.A.K. Ceramics P.J.S.C. (ADX:RAKCEC) Have A Place In Your Dividend Stock Portfolio?
Dec 16R.A.K. Ceramics P.J.S.C (ADX:RAKCEC) Has Returned Negative 24% To Its Shareholders In The Past Five Years
Aug 19Here's What To Make Of R.A.K. Ceramics P.J.S.C's (ADX:RAKCEC) Returns On Capital
Jul 15Financial Position Analysis
Short Term Liabilities: RAKCEC's short term assets (AED2.8B) exceed its short term liabilities (AED1.9B).
Long Term Liabilities: RAKCEC's short term assets (AED2.8B) exceed its long term liabilities (AED1.1B).
Debt to Equity History and Analysis
Debt Level: RAKCEC's net debt to equity ratio (63.5%) is considered high.
Reducing Debt: RAKCEC's debt to equity ratio has increased from 68.8% to 72.9% over the past 5 years.
Debt Coverage: RAKCEC's debt is well covered by operating cash flow (32%).
Interest Coverage: RAKCEC's interest payments on its debt are well covered by EBIT (3.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/24 07:37 |
End of Day Share Price | 2024/12/24 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
R.A.K. Ceramics P.J.S.C. is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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Kais Kriaa | AlphaMena |
Caroline Berzi | CI Capital Research |
Sameer Kattiparambil | EFG-Hermes Research |