GCC. de Balance Sheet Health
Financial Health criteria checks 6/6
GCC. de has a total shareholder equity of $1.8B and total debt of $497.1M, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are $2.8B and $1.1B respectively. GCC. de's EBIT is $396.7M making its interest coverage ratio -9.6. It has cash and short-term investments of $879.4M.
Key information
27.7%
Debt to equity ratio
US$497.14m
Debt
| Interest coverage ratio | -9.6x |
| Cash | US$879.39m |
| Equity | US$1.80b |
| Total liabilities | US$1.05b |
| Total assets | US$2.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AK4's short term assets ($1.3B) exceed its short term liabilities ($294.7M).
Long Term Liabilities: AK4's short term assets ($1.3B) exceed its long term liabilities ($758.3M).
Debt to Equity History and Analysis
Debt Level: AK4 has more cash than its total debt.
Reducing Debt: AK4's debt to equity ratio has reduced from 65.8% to 27.7% over the past 5 years.
Debt Coverage: AK4's debt is well covered by operating cash flow (67%).
Interest Coverage: AK4 earns more interest than it pays, so coverage of interest payments is not a concern.