Uganda Clays Balance Sheet Health

Financial Health criteria checks 4/6

Uganda Clays has a total shareholder equity of UGX41.7B and total debt of UGX20.6B, which brings its debt-to-equity ratio to 49.3%. Its total assets and total liabilities are UGX76.9B and UGX35.1B respectively. Uganda Clays's EBIT is UGX2.1B making its interest coverage ratio -2.7. It has cash and short-term investments of UGX1.8B.

Key information

49.3%

Debt to equity ratio

USh20.60b

Debt

Interest coverage ratio-2.7x
CashUSh1.79b
EquityUSh41.75b
Total liabilitiesUSh35.14b
Total assetsUSh76.89b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: UCL's short term assets (UGX17.2B) exceed its short term liabilities (UGX10.3B).

Long Term Liabilities: UCL's short term assets (UGX17.2B) do not cover its long term liabilities (UGX24.8B).


Debt to Equity History and Analysis

Debt Level: UCL's net debt to equity ratio (45.1%) is considered high.

Reducing Debt: UCL's debt to equity ratio has reduced from 74.2% to 49.3% over the past 5 years.

Debt Coverage: UCL's debt is well covered by operating cash flow (25.1%).

Interest Coverage: UCL earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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