National Cement Company (Public Shareholding) Balance Sheet Health
Financial Health criteria checks 6/6
National Cement Company (Public Shareholding) has a total shareholder equity of AED2.6B and total debt of AED0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are AED2.7B and AED101.8M respectively.
Key information
0%
Debt to equity ratio
د.إ0
Debt
| Interest coverage ratio | n/a |
| Cash | د.إ121.42m |
| Equity | د.إ2.64b |
| Total liabilities | د.إ101.77m |
| Total assets | د.إ2.74b |
Recent financial health updates
No updates
Recent updates
National Cement Company (Public Shareholding)'s (DFM:NCC) Solid Earnings Are Supported By Other Strong Factors
Nov 13
Market Might Still Lack Some Conviction On National Cement Company (Public Shareholding Co.) (DFM:NCC) Even After 27% Share Price Boost
Nov 09Some Confidence Is Lacking In National Cement Company (Public Shareholding Co.)'s (DFM:NCC) P/E
Oct 27We Think That There Are Issues Underlying National Cement Company (Public Shareholding)'s (DFM:NCC) Earnings
May 22Tread With Caution Around National Cement Company (Public Shareholding Co.)'s (DFM:NCC) 4.4% Dividend Yield
Jan 01Financial Position Analysis
Short Term Liabilities: NCC's short term assets (AED305.9M) exceed its short term liabilities (AED29.5M).
Long Term Liabilities: NCC's short term assets (AED305.9M) exceed its long term liabilities (AED72.2M).
Debt to Equity History and Analysis
Debt Level: NCC is debt free.
Reducing Debt: NCC has no debt compared to 5 years ago when its debt to equity ratio was 21.9%.
Debt Coverage: NCC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NCC has no debt, therefore coverage of interest payments is not a concern.