Ras Al Khaimah for White Cement & Construction Materials P.S.C Balance Sheet Health
Financial Health criteria checks 6/6
Ras Al Khaimah for White Cement & Construction Materials P.S.C has a total shareholder equity of AED796.2M and total debt of AED0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are AED882.8M and AED86.6M respectively. Ras Al Khaimah for White Cement & Construction Materials P.S.C's EBIT is AED10.7M making its interest coverage ratio -1. It has cash and short-term investments of AED251.3M.
Key information
0%
Debt to equity ratio
د.إ0
Debt
| Interest coverage ratio | -1x |
| Cash | د.إ251.31m |
| Equity | د.إ796.24m |
| Total liabilities | د.إ86.61m |
| Total assets | د.إ882.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RKWC's short term assets (AED382.9M) exceed its short term liabilities (AED76.4M).
Long Term Liabilities: RKWC's short term assets (AED382.9M) exceed its long term liabilities (AED10.2M).
Debt to Equity History and Analysis
Debt Level: RKWC is debt free.
Reducing Debt: RKWC has no debt compared to 5 years ago when its debt to equity ratio was 20.6%.
Debt Coverage: RKWC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RKWC has no debt, therefore coverage of interest payments is not a concern.