United Development Company Q.P.S.C Balance Sheet Health
Financial Health criteria checks 3/6
United Development Company Q.P.S.C has a total shareholder equity of QAR11.4B and total debt of QAR5.4B, which brings its debt-to-equity ratio to 47.7%. Its total assets and total liabilities are QAR19.8B and QAR8.3B respectively. United Development Company Q.P.S.C's EBIT is QAR662.6M making its interest coverage ratio 3.8. It has cash and short-term investments of QAR1.5B.
Key information
47.7%
Debt to equity ratio
ر.ق5.44b
Debt
| Interest coverage ratio | 3.8x |
| Cash | ر.ق1.47b |
| Equity | ر.ق11.41b |
| Total liabilities | ر.ق8.35b |
| Total assets | ر.ق19.76b |
Recent financial health updates
No updates
Recent updates
United Development Company Q.P.S.C.'s (DSM:UDCD) Shares Not Telling The Full Story
Sep 25
It's A Story Of Risk Vs Reward With United Development Company Q.P.S.C. (DSM:UDCD)
May 31Don't Buy United Development Company Q.P.S.C. (DSM:UDCD) For Its Next Dividend Without Doing These Checks
Feb 27How Does United Development Company Q.P.S.C. (DSM:UDCD) Fare As A Dividend Stock?
Jan 26
Should You Use United Development Company Q.P.S.C's (DSM:UDCD) Statutory Earnings To Analyse It?
Dec 24Shareholders Of United Development Company Q.P.S.C (DSM:UDCD) Must Be Happy With Their 49% Return
Dec 02Financial Position Analysis
Short Term Liabilities: UDCD's short term assets (QAR5.4B) exceed its short term liabilities (QAR2.5B).
Long Term Liabilities: UDCD's short term assets (QAR5.4B) do not cover its long term liabilities (QAR5.9B).
Debt to Equity History and Analysis
Debt Level: UDCD's net debt to equity ratio (34.8%) is considered satisfactory.
Reducing Debt: UDCD's debt to equity ratio has increased from 31.2% to 47.7% over the past 5 years.
Debt Coverage: UDCD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: UDCD's interest payments on its debt are well covered by EBIT (3.8x coverage).