Kuwait Cement Company K.P.S.C Balance Sheet Health
Financial Health criteria checks 3/6
Kuwait Cement Company K.P.S.C has a total shareholder equity of KWD190.9M and total debt of KWD72.9M, which brings its debt-to-equity ratio to 38.2%. Its total assets and total liabilities are KWD291.4M and KWD100.4M respectively. Kuwait Cement Company K.P.S.C's EBIT is KWD1.8M making its interest coverage ratio 1.5. It has cash and short-term investments of KWD13.0M.
Key information
38.2%
Debt to equity ratio
د.ك72.90m
Debt
Interest coverage ratio | 1.5x |
Cash | د.ك13.02m |
Equity | د.ك190.94m |
Total liabilities | د.ك100.43m |
Total assets | د.ك291.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KCEM's short term assets (KWD46.1M) exceed its short term liabilities (KWD33.9M).
Long Term Liabilities: KCEM's short term assets (KWD46.1M) do not cover its long term liabilities (KWD66.5M).
Debt to Equity History and Analysis
Debt Level: KCEM's net debt to equity ratio (31.4%) is considered satisfactory.
Reducing Debt: KCEM's debt to equity ratio has reduced from 40.9% to 38.2% over the past 5 years.
Debt Coverage: KCEM's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: KCEM's interest payments on its debt are not well covered by EBIT (1.5x coverage).