Abu Dhabi Ship Building PJSC Balance Sheet Health
Financial Health criteria checks 5/6
Abu Dhabi Ship Building PJSC has a total shareholder equity of AED293.3M and total debt of AED75.8M, which brings its debt-to-equity ratio to 25.8%. Its total assets and total liabilities are AED2.4B and AED2.1B respectively. Abu Dhabi Ship Building PJSC's EBIT is AED54.3M making its interest coverage ratio -5. It has cash and short-term investments of AED304.1M.
Key information
25.8%
Debt to equity ratio
د.إ75.79m
Debt
| Interest coverage ratio | -5x |
| Cash | د.إ304.14m |
| Equity | د.إ293.34m |
| Total liabilities | د.إ2.10b |
| Total assets | د.إ2.40b |
Recent financial health updates
No updates
Recent updates
Abu Dhabi Ship Building PJSC (ADX:ADSB) Ticks All The Boxes When It Comes To Earnings Growth
Sep 16
The Returns On Capital At Abu Dhabi Ship Building PJSC (ADX:ADSB) Don't Inspire Confidence
Aug 27We Think Abu Dhabi Ship Building PJSC's (ADX:ADSB) Solid Earnings Are Understated
Nov 18Reflecting on Abu Dhabi Ship Building PJSC's (ADX:ADSB) Share Price Returns Over The Last Five Years
Feb 05
Do Insiders Own Lots Of Shares In Abu Dhabi Ship Building PJSC (ADX:ADSB)?
Dec 13Financial Position Analysis
Short Term Liabilities: ADSB's short term assets (AED1.9B) exceed its short term liabilities (AED1.4B).
Long Term Liabilities: ADSB's short term assets (AED1.9B) exceed its long term liabilities (AED671.9M).
Debt to Equity History and Analysis
Debt Level: ADSB has more cash than its total debt.
Reducing Debt: ADSB's debt to equity ratio has reduced from 155.6% to 25.8% over the past 5 years.
Debt Coverage: ADSB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ADSB earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 21:09 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Abu Dhabi Ship Building PJSC is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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