Sharjah Cement and Industrial Development (PJSC) Balance Sheet Health
Financial Health criteria checks 6/6
Sharjah Cement and Industrial Development (PJSC) has a total shareholder equity of AED1.3B and total debt of AED408.9M, which brings its debt-to-equity ratio to 30.9%. Its total assets and total liabilities are AED1.9B and AED591.0M respectively. Sharjah Cement and Industrial Development (PJSC)'s EBIT is AED48.4M making its interest coverage ratio 3.7. It has cash and short-term investments of AED66.9M.
Key information
30.9%
Debt to equity ratio
د.إ408.86m
Debt
| Interest coverage ratio | 3.7x |
| Cash | د.إ66.94m |
| Equity | د.إ1.32b |
| Total liabilities | د.إ591.02m |
| Total assets | د.إ1.92b |
Recent financial health updates
No updates
Recent updates
Not Many Are Piling Into Sharjah Cement and Industrial Development Co. (PJSC) (ADX:SCIDC) Just Yet
Jun 06
Solid Earnings May Not Tell The Whole Story For Sharjah Cement and Industrial Development (PJSC) (ADX:SCIDC)
Mar 29Returns On Capital Are Showing Encouraging Signs At Sharjah Cement and Industrial Development (PJSC) (ADX:SCIDC)
Feb 21Market Still Lacking Some Conviction On Sharjah Cement and Industrial Development Co. (PJSC) (ADX:SCIDC)
Jan 16Sharjah Cement and Industrial Development Co. (PJSC)'s (ADX:SCIDC) Shares Lagging The Industry But So Is The Business
Apr 19Financial Position Analysis
Short Term Liabilities: SCIDC's short term assets (AED644.0M) exceed its short term liabilities (AED456.6M).
Long Term Liabilities: SCIDC's short term assets (AED644.0M) exceed its long term liabilities (AED134.4M).
Debt to Equity History and Analysis
Debt Level: SCIDC's net debt to equity ratio (25.8%) is considered satisfactory.
Reducing Debt: SCIDC's debt to equity ratio has reduced from 40.2% to 30.9% over the past 5 years.
Debt Coverage: SCIDC's debt is well covered by operating cash flow (35.2%).
Interest Coverage: SCIDC's interest payments on its debt are well covered by EBIT (3.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/11 07:36 |
| End of Day Share Price | 2025/01/10 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 * |
|---|---|---|---|
| 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
Sharjah Cement and Industrial Development Co. (PJSC) is covered by 1 analysts. 0 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 |
|---|---|
| Mohammad Kamal | Arqaam Capital Research Offshore S.A.L. |