Al Jouf Cement Balance Sheet Health
Financial Health criteria checks 2/6
Al Jouf Cement has a total shareholder equity of SAR1.3B and total debt of SAR714.1M, which brings its debt-to-equity ratio to 57.1%. Its total assets and total liabilities are SAR2.2B and SAR921.1M respectively. Al Jouf Cement's EBIT is SAR95.5M making its interest coverage ratio 7.1. It has cash and short-term investments of SAR8.7M.
Key information
57.1%
Debt to equity ratio
ر.س714.07m
Debt
| Interest coverage ratio | 7.1x |
| Cash | ر.س8.72m |
| Equity | ر.س1.25b |
| Total liabilities | ر.س921.12m |
| Total assets | ر.س2.17b |
Recent financial health updates
No updates
Recent updates
Al Jouf Cement's (TADAWUL:3091) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 22
Al Jouf Cement's (TADAWUL:3091) Earnings Are Weaker Than They Seem
Apr 08Can Mixed Fundamentals Have A Negative Impact on Al Jouf Cement Company (TADAWUL:3091) Current Share Price Momentum?
Mar 17How Has Al Jouf Cement (TADAWUL:3091) Allocated Its Capital?
Feb 09If You Had Bought Al Jouf Cement (TADAWUL:3091) Stock Five Years Ago, You Could Pocket A 26% Gain Today
Jan 05Al Jouf Cement Company's (TADAWUL:3091) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Dec 01
Financial Position Analysis
Short Term Liabilities: 3091's short term assets (SAR501.5M) exceed its short term liabilities (SAR404.7M).
Long Term Liabilities: 3091's short term assets (SAR501.5M) do not cover its long term liabilities (SAR516.4M).
Debt to Equity History and Analysis
Debt Level: 3091's net debt to equity ratio (56.4%) is considered high.
Reducing Debt: 3091's debt to equity ratio has increased from 42.2% to 57.1% over the past 5 years.
Debt Coverage: 3091's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3091's interest payments on its debt are well covered by EBIT (7.1x coverage).