Kuwait Cement Company K.P.S.C Balance Sheet Health
Financial Health criteria checks 4/6
Kuwait Cement Company K.P.S.C has a total shareholder equity of KWD204.5M and total debt of KWD64.3M, which brings its debt-to-equity ratio to 31.4%. Its total assets and total liabilities are KWD299.1M and KWD94.6M respectively. Kuwait Cement Company K.P.S.C's EBIT is KWD3.7M making its interest coverage ratio 3.9. It has cash and short-term investments of KWD12.4M.
Key information
31.4%
Debt to equity ratio
د.ك64.26m
Debt
| Interest coverage ratio | 3.9x |
| Cash | د.ك12.36m |
| Equity | د.ك204.52m |
| Total liabilities | د.ك94.57m |
| Total assets | د.ك299.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KCEM's short term assets (KWD47.2M) exceed its short term liabilities (KWD39.6M).
Long Term Liabilities: KCEM's short term assets (KWD47.2M) do not cover its long term liabilities (KWD55.0M).
Debt to Equity History and Analysis
Debt Level: KCEM's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: KCEM's debt to equity ratio has reduced from 39.8% to 31.4% over the past 5 years.
Debt Coverage: KCEM's debt is not well covered by operating cash flow (13%).
Interest Coverage: KCEM's interest payments on its debt are well covered by EBIT (3.9x coverage).