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 QAR11.2B and total debt of QAR5.3B, which brings its debt-to-equity ratio to 46.8%. Its total assets and total liabilities are QAR19.5B and QAR8.3B respectively. United Development Company Q.P.S.C's EBIT is QAR686.1M making its interest coverage ratio 4.3. It has cash and short-term investments of QAR1.5B.
Key information
46.8%
Debt to equity ratio
ر.ق5.26b
Debt
| Interest coverage ratio | 4.3x |
| Cash | ر.ق1.49b |
| Equity | ر.ق11.25b |
| Total liabilities | ر.ق8.25b |
| Total assets | ر.ق19.50b |
Recent financial health updates
No updates
Recent updates
Don't Buy United Development Company Q.P.S.C. (DSM:UDCD) For Its Next Dividend Without Doing These Checks
Feb 27
How 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 (QAR4.9B) exceed its short term liabilities (QAR2.7B).
Long Term Liabilities: UDCD's short term assets (QAR4.9B) do not cover its long term liabilities (QAR5.6B).
Debt to Equity History and Analysis
Debt Level: UDCD's net debt to equity ratio (33.6%) is considered satisfactory.
Reducing Debt: UDCD's debt to equity ratio has increased from 33.6% to 46.8% over the past 5 years.
Debt Coverage: UDCD's debt is not well covered by operating cash flow (0.7%).
Interest Coverage: UDCD's interest payments on its debt are well covered by EBIT (4.3x coverage).