Ras Al Khaimah for White Cement & Construction Materials P.S.C Balance Sheet Health
Financial Health criteria checks 6/6
Ras Al Khaimah for White Cement & Construction Materials P.S.C has a total shareholder equity of AED805.9M and total debt of AED0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are AED894.3M and AED88.4M respectively. Ras Al Khaimah for White Cement & Construction Materials P.S.C's EBIT is AED21.0M making its interest coverage ratio -1.5. It has cash and short-term investments of AED269.7M.
Key information
0%
Debt to equity ratio
د.إ0
Debt
| Interest coverage ratio | -1.5x |
| Cash | د.إ269.73m |
| Equity | د.إ805.87m |
| Total liabilities | د.إ88.41m |
| Total assets | د.إ894.28m |
Recent financial health updates
No updates
Recent updates
Returns On Capital Are Showing Encouraging Signs At Ras Al Khaimah for White Cement & Construction Materials P.S.C (ADX:RAKWCT)
Mar 13
Some May Be Optimistic About Ras Al Khaimah for White Cement & Construction Materials P.S.C's (ADX:RAKWCT) Earnings
Feb 11Earnings Tell The Story For Ras Al Khaimah Co. for White Cement & Construction Materials P.S.C. (ADX:RAKWCT)
Jan 25Estimating The Fair Value Of Ras Al Khaimah Co. for White Cement & Construction Materials P.S.C. (ADX:RAKWCT)
Aug 03Ras Al Khaimah for White Cement & Construction Materials P.S.C (ADX:RAKWCT) Has Announced That It Will Be Increasing Its Dividend To د.إ0.10
Mar 02Return Trends At Ras Al Khaimah for White Cement & Construction Materials P.S.C (ADX:RAKWCT) Aren't Appealing
Sep 19Ras Al Khaimah Co. for White Cement & Construction Materials P.S.C. (ADX:RAKWCT) Investors Should Think About This Before Buying It For Its Dividend
Apr 12Here's What To Make Of Ras Al Khaimah for White Cement & Construction Materials P.S.C's (ADX:RAKWCT) Returns On Capital
Mar 11Here's What Ras Al Khaimah Co. for White Cement & Construction Materials P.S.C.'s (ADX:RAKWCT) Shareholder Ownership Structure Looks Like
Feb 08
How Much Did Ras Al Khaimah for White Cement & Construction Materials P.S.C's(ADX:RAKWCT) Shareholders Earn From Share Price Movements Over The Last Five Years?
Jan 18Are Ras Al Khaimah for White Cement & Construction Materials P.S.C's (ADX:RAKWCT) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 17How Well Is Ras Al Khaimah for White Cement & Construction Materials P.S.C (ADX:RAKWCT) Allocating Its Capital?
Jul 16Financial Position Analysis
Short Term Liabilities: RAKWCT's short term assets (AED402.8M) exceed its short term liabilities (AED78.1M).
Long Term Liabilities: RAKWCT's short term assets (AED402.8M) exceed its long term liabilities (AED10.3M).
Debt to Equity History and Analysis
Debt Level: RAKWCT is debt free.
Reducing Debt: RAKWCT has no debt compared to 5 years ago when its debt to equity ratio was 19.3%.
Debt Coverage: RAKWCT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RAKWCT has no debt, therefore coverage of interest payments is not a concern.