Al Seer Marine Supplies and Equipment Company PJSC Balance Sheet Health
Financial Health criteria checks 3/6
Al Seer Marine Supplies and Equipment Company PJSC has a total shareholder equity of AED4.2B and total debt of AED2.9B, which brings its debt-to-equity ratio to 69.7%. Its total assets and total liabilities are AED7.5B and AED3.3B respectively. Al Seer Marine Supplies and Equipment Company PJSC's EBIT is AED86.3M making its interest coverage ratio 1.9. It has cash and short-term investments of AED5.2B.
Key information
69.7%
Debt to equity ratio
د.إ2.94b
Debt
| Interest coverage ratio | 1.9x |
| Cash | د.إ5.20b |
| Equity | د.إ4.22b |
| Total liabilities | د.إ3.31b |
| Total assets | د.إ7.53b |
Recent financial health updates
No updates
Recent updates
Lacklustre Performance Is Driving Al Seer Marine Supplies and Equipment Company PJSC's (ADX:ASM) 89% Price Drop
Nov 18
Al Seer Marine Supplies and Equipment Company PJSC's (ADX:ASM) Low P/S No Reason For Excitement
Sep 21Returns On Capital Signal Tricky Times Ahead For Al Seer Marine Supplies and Equipment Company PJSC (ADX:ASM)
May 11Al Seer Marine Supplies and Equipment Company PJSC's (ADX:ASM) P/S Still Appears To Be Reasonable
Mar 16Be Wary Of Al Seer Marine Supplies and Equipment Company PJSC (ADX:ASM) And Its Returns On Capital
Oct 24Subdued Growth No Barrier To Al Seer Marine Supplies and Equipment Company PJSC's (ADX:ASM) Price
Jul 11Returns On Capital Signal Tricky Times Ahead For Al Seer Marine Supplies and Equipment Company PJSC (ADX:ASM)
Jun 02Capital Allocation Trends At Al Seer Marine Supplies and Equipment Company PJSC (ADX:ASM) Aren't Ideal
Mar 03Al Seer Marine Supplies & Equipment Company P.J.S.C (ADX:ASM) Is Posting Healthy Earnings, But It Is Not All Good News
Feb 07Financial Position Analysis
Short Term Liabilities: ASM's short term assets (AED5.8B) exceed its short term liabilities (AED1.7B).
Long Term Liabilities: ASM's short term assets (AED5.8B) exceed its long term liabilities (AED1.6B).
Debt to Equity History and Analysis
Debt Level: ASM has more cash than its total debt.
Reducing Debt: ASM's debt to equity ratio has increased from 2% to 69.7% over the past 5 years.
Debt Coverage: ASM's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: ASM's interest payments on its debt are not well covered by EBIT (1.9x coverage).