Qatar Industrial Manufacturing Company Q.P.S.C Balance Sheet Health
Financial Health criteria checks 3/6
Qatar Industrial Manufacturing Company Q.P.S.C has a total shareholder equity of QAR1.9B and total debt of QAR1.4B, which brings its debt-to-equity ratio to 76.3%. Its total assets and total liabilities are QAR3.9B and QAR2.0B respectively. Qatar Industrial Manufacturing Company Q.P.S.C's EBIT is QAR93.6M making its interest coverage ratio -76.8. It has cash and short-term investments of QAR183.7M.
Key information
76.3%
Debt to equity ratio
ر.ق1.44b
Debt
Interest coverage ratio | -76.8x |
Cash | ر.ق183.69m |
Equity | ر.ق1.88b |
Total liabilities | ر.ق1.97b |
Total assets | ر.ق3.86b |
Recent financial health updates
No updates
Recent updates
Qatar Industrial Manufacturing Company Q.P.S.C's (DSM:QIMD) Solid Earnings Have Been Accounted For Conservatively
Feb 12Qatar Industrial Manufacturing Company Q.P.S.C (DSM:QIMD) Will Will Want To Turn Around Its Return Trends
May 04Does It Make Sense To Buy Qatar Industrial Manufacturing Company Q.P.S.C. (DSM:QIMD) For Its Yield?
Mar 08Are Poor Financial Prospects Dragging Down Qatar Industrial Manufacturing Company Q.P.S.C. (DSM:QIMD Stock?
Feb 09Will the Promising Trends At Qatar Industrial Manufacturing Company Q.P.S.C (DSM:QIMD) Continue?
Jan 15Are Qatar Industrial Manufacturing Company Q.P.S.C's (DSM:QIMD) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 15Qatar Industrial Manufacturing Company Q.P.S.C (DSM:QIMD) Has Compensated Shareholders With A 1.4% Return On Their Investment
Nov 20Financial Position Analysis
Short Term Liabilities: QIMD's short term assets (QAR583.2M) exceed its short term liabilities (QAR460.3M).
Long Term Liabilities: QIMD's short term assets (QAR583.2M) do not cover its long term liabilities (QAR1.5B).
Debt to Equity History and Analysis
Debt Level: QIMD's net debt to equity ratio (66.5%) is considered high.
Reducing Debt: QIMD's debt to equity ratio has increased from 30.5% to 76.3% over the past 5 years.
Debt Coverage: QIMD's debt is well covered by operating cash flow (21%).
Interest Coverage: QIMD earns more interest than it pays, so coverage of interest payments is not a concern.