Kuwait Portland Cement Co (KUW:PCEM) Debt-to-Equity : 0.07 (As of Jun. 2024)

View and export this data going back to 1999. Start your Free Trial

What is Kuwait Portland Cement Co Debt-to-Equity?

Kuwait Portland Cement Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was KWD4.9 Mil. Kuwait Portland Cement Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was KWD0.0 Mil. Kuwait Portland Cement Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was KWD72.6 Mil. Kuwait Portland Cement Co's debt to equity for the quarter that ended in Jun. 2024 was 0.07.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Kuwait Portland Cement Co's Debt-to-Equity or its related term are showing as below:

KUW:PCEM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.04 Max: 0.07
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Kuwait Portland Cement Co was 0.07. The lowest was 0.04. And the median was 0.04.

KUW:PCEM's Debt-to-Equity is ranked better than
86.4% of 353 companies
in the Building Materials industry
Industry Median: 0.38 vs KUW:PCEM: 0.07

Kuwait Portland Cement Co Debt-to-Equity Historical Data

The historical data trend for Kuwait Portland Cement Co's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kuwait Portland Cement Co Debt-to-Equity Chart

Kuwait Portland Cement Co Annual Data

Trend

Dec09

Dec10

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.04

Kuwait Portland Cement Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.06	0.04	0.04	0.04	0.07

Competitive Comparison of Kuwait Portland Cement Co's Debt-to-Equity

For the Building Materials subindustry, Kuwait Portland Cement Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Kuwait Portland Cement Co's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Kuwait Portland Cement Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kuwait Portland Cement Co's Debt-to-Equity falls into.

Kuwait Portland Cement Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kuwait Portland Cement Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2.858	+	0)	/	74.364
	=	0.04

Kuwait Portland Cement Co's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(4.941	+	0)	/	72.632
	=	0.07

Kuwait Portland Cement Co (KUW:PCEM) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Kuwait Portland Cement Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Kuwait Portland Cement Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Kuwait Portland Cement Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Kuwait Portland Cement Co (KUW:PCEM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Canada Dry Street, Al Showaikh, In front of Kotmac furniture showroom, Section number (101 c), Kuwait City, KWT, 70652

Website

https://www.portlandkw.co

Kuwait Portland Cement Co is a Kuwait-based company. The products of the company include cement and ready-mix concrete. The company is engaged in trading by importing and exporting different kinds of bulk cement and packaging it. It also works in establishing, operating, managing, renting to other parties and renting warehouses and silos for the supply and distribution of cement of different kinds, and appropriating the necessary transportation.

Kuwait Portland Cement Co Headlines

No Headlines