Gulf Cement Company P.S.C Balance Sheet Health
Financial Health criteria checks 3/6
Gulf Cement Company P.S.C has a total shareholder equity of AED548.1M and total debt of AED56.3M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are AED845.6M and AED297.6M respectively.
Key information
10.3%
Debt to equity ratio
د.إ56.27m
Debt
| Interest coverage ratio | n/a |
| Cash | د.إ12.28m |
| Equity | د.إ548.09m |
| Total liabilities | د.إ297.55m |
| Total assets | د.إ845.64m |
Recent financial health updates
No updates
Recent updates
Further Upside For Gulf Cement Company P.S.C. (ADX:GCEM) Shares Could Introduce Price Risks After 31% Bounce
Dec 21
Investors Aren't Entirely Convinced By Gulf Cement Company P.S.C.'s (ADX:GCEM) Revenues
Oct 10Gulf Cement Company P.S.C's(ADX:GCEM) Share Price Is Down 60% Over The Past Three Years.
Jan 20Financial Position Analysis
Short Term Liabilities: GCEM's short term assets (AED200.7M) do not cover its short term liabilities (AED288.6M).
Long Term Liabilities: GCEM's short term assets (AED200.7M) exceed its long term liabilities (AED8.9M).
Debt to Equity History and Analysis
Debt Level: GCEM's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: GCEM's debt to equity ratio has increased from 0% to 10.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GCEM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: GCEM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 39.8% each year