Qassim Cement Balance Sheet Health
Financial Health criteria checks 5/6
Qassim Cement has a total shareholder equity of SAR2.8B and total debt of SAR8.3M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are SAR3.1B and SAR311.0M respectively. Qassim Cement's EBIT is SAR256.9M making its interest coverage ratio 357.9. It has cash and short-term investments of SAR635.9M.
Key information
0.3%
Debt to equity ratio
ر.س8.35m
Debt
| Interest coverage ratio | 357.9x |
| Cash | ر.س635.93m |
| Equity | ر.س2.82b |
| Total liabilities | ر.س310.95m |
| Total assets | ر.س3.13b |
Recent financial health updates
No updates
Recent updates
We Think That There Are Issues Underlying Qassim Cement's (TADAWUL:3040) Earnings
Nov 22
Qassim Cement (TADAWUL:3040) Is Increasing Its Dividend To SAR1.30
Aug 31Qassim Cement Company's (TADAWUL:3040) P/E Still Appears To Be Reasonable
May 22Qassim Cement (TADAWUL:3040) Will Pay A Dividend Of SAR0.65
Mar 14Qassim Cement (TADAWUL:3040) Is Due To Pay A Dividend Of SAR0.65
Feb 24Qassim Cement's (TADAWUL:3040) Dividend Will Be SAR0.65
Nov 30Qassim Cement (TADAWUL:3040) Has Announced That It Will Be Increasing Its Dividend To SAR0.65
May 27Qassim Cement Company (TADAWUL:3040) Shares Could Be 26% Above Their Intrinsic Value Estimate
May 26Estimating The Intrinsic Value Of Qassim Cement Company (TADAWUL:3040)
Dec 13Calculating The Intrinsic Value Of Qassim Cement Company (TADAWUL:3040)
Sep 13Industry Analysts Just Made A Substantial Upgrade To Their Qassim Cement Company (TADAWUL:3040) Revenue Forecasts
Aug 21Qassim Cement Company (TADAWUL:3040) Shares Could Be 21% Above Their Intrinsic Value Estimate
May 23Qassim Cement (TADAWUL:3040) Could Be At Risk Of Shrinking As A Company
Mar 25Qassim Cement (TADAWUL:3040) Will Pay A Smaller Dividend Than Last Year
Feb 10Qassim Cement (TADAWUL:3040) Will Be Looking To Turn Around Its Returns
Dec 16Qassim Cement (TADAWUL:3040) Has Affirmed Its Dividend Of ر.س1.00
Aug 21Estimating The Fair Value Of Qassim Cement Company (TADAWUL:3040)
Jun 03Returns On Capital At Qassim Cement (TADAWUL:3040) Paint A Concerning Picture
May 17Is Qassim Cement Company (TADAWUL:3040) A Strong Dividend Stock?
Mar 26What Type Of Shareholders Make Up Qassim Cement Company's (TADAWUL:3040) Share Registry?
Mar 10Is Qassim Cement Company (TADAWUL:3040) Worth ر.س86.4 Based On Its Intrinsic Value?
Feb 23The Trends At Qassim Cement (TADAWUL:3040) That You Should Know About
Feb 08Qassim Cement Company (TADAWUL:3040) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Jan 25
Qassim Cement (TADAWUL:3040) Has Gifted Shareholders With A Fantastic 123% Total Return On Their Investment
Jan 10What To Know Before Buying Qassim Cement Company (TADAWUL:3040) For Its Dividend
Dec 24Are Institutions Heavily Invested In Qassim Cement Company's (TADAWUL:3040) Shares?
Dec 10Is Qassim Cement Company (TADAWUL:3040) Worth ر.س75.5 Based On Its Intrinsic Value?
Nov 24Financial Position Analysis
Short Term Liabilities: 3040's short term assets (SAR1.5B) exceed its short term liabilities (SAR218.2M).
Long Term Liabilities: 3040's short term assets (SAR1.5B) exceed its long term liabilities (SAR92.7M).
Debt to Equity History and Analysis
Debt Level: 3040 has more cash than its total debt.
Reducing Debt: 3040's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.
Debt Coverage: 3040's debt is well covered by operating cash flow (2729%).
Interest Coverage: 3040's interest payments on its debt are well covered by EBIT (357.9x coverage).