Caribbean Cement Balance Sheet Health
Financial Health criteria checks 6/6
Caribbean Cement has a total shareholder equity of JMD24.1B and total debt of JMD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are JMD33.1B and JMD9.1B respectively. Caribbean Cement's EBIT is JMD7.3B making its interest coverage ratio -60. It has cash and short-term investments of JMD4.0B.
Key information
0%
Debt to equity ratio
JA$0
Debt
| Interest coverage ratio | -60x |
| Cash | JA$4.02b |
| Equity | JA$24.05b |
| Total liabilities | JA$9.06b |
| Total assets | JA$33.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCC's short term assets (JMD9.7B) exceed its short term liabilities (JMD5.4B).
Long Term Liabilities: CCC's short term assets (JMD9.7B) exceed its long term liabilities (JMD3.7B).
Debt to Equity History and Analysis
Debt Level: CCC is debt free.
Reducing Debt: CCC has no debt compared to 5 years ago when its debt to equity ratio was 237.4%.
Debt Coverage: CCC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CCC has no debt, therefore coverage of interest payments is not a concern.