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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 10:20 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kuwait Cement Company K.P.S.C. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Faisal Hasan | Global Investment House |
| Ramachandra Kamath | Virtua Research Inc. |