Kuwait Portland Cement K.P.S.C Balance Sheet Health
Financial Health criteria checks 5/6
Kuwait Portland Cement K.P.S.C has a total shareholder equity of KWD75.1M and total debt of KWD5.8M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are KWD100.9M and KWD25.8M respectively. Kuwait Portland Cement K.P.S.C's EBIT is KWD3.4M making its interest coverage ratio -4. It has cash and short-term investments of KWD15.5M.
Key information
7.8%
Debt to equity ratio
د.ك5.83m
Debt
| Interest coverage ratio | -4x |
| Cash | د.ك15.48m |
| Equity | د.ك75.06m |
| Total liabilities | د.ك25.80m |
| Total assets | د.ك100.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PCEM's short term assets (KWD50.4M) exceed its short term liabilities (KWD20.2M).
Long Term Liabilities: PCEM's short term assets (KWD50.4M) exceed its long term liabilities (KWD5.6M).
Debt to Equity History and Analysis
Debt Level: PCEM has more cash than its total debt.
Reducing Debt: PCEM's debt to equity ratio has increased from 0% to 7.8% over the past 5 years.
Debt Coverage: PCEM's debt is well covered by operating cash flow (109.4%).
Interest Coverage: PCEM earns more interest than it pays, so coverage of interest payments is not a concern.