National Cement Company (Public Shareholding) Balance Sheet Health
Financial Health criteria checks 4/6
National Cement Company (Public Shareholding) has a total shareholder equity of AED2.0B and total debt of AED20.0M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are AED2.1B and AED76.0M respectively.
Key information
1.0%
Debt to equity ratio
د.إ20.00m
Debt
| Interest coverage ratio | n/a |
| Cash | د.إ54.13m |
| Equity | د.إ2.01b |
| Total liabilities | د.إ75.97m |
| Total assets | د.إ2.09b |
Recent financial health updates
No updates
Recent updates
Some Confidence Is Lacking In National Cement Company (Public Shareholding Co.)'s (DFM:NCC) P/E
Oct 27
We 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 (AED246.9M) exceed its short term liabilities (AED57.2M).
Long Term Liabilities: NCC's short term assets (AED246.9M) exceed its long term liabilities (AED18.8M).
Debt to Equity History and Analysis
Debt Level: NCC has more cash than its total debt.
Reducing Debt: NCC's debt to equity ratio has reduced from 25.2% to 1% over the past 5 years.
Debt Coverage: NCC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NCC's interest payments on its debt are well covered by EBIT.