ESG Emirates Stallions Group PJSC Balance Sheet Health
Financial Health criteria checks 5/6
ESG Emirates Stallions Group PJSC has a total shareholder equity of AED2.4B and total debt of AED69.3M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are AED3.2B and AED870.6M respectively. ESG Emirates Stallions Group PJSC's EBIT is AED89.6M making its interest coverage ratio -28.2. It has cash and short-term investments of AED595.9M.
Key information
2.9%
Debt to equity ratio
د.إ69.34m
Debt
| Interest coverage ratio | -28.2x |
| Cash | د.إ595.86m |
| Equity | د.إ2.36b |
| Total liabilities | د.إ870.62m |
| Total assets | د.إ3.23b |
Recent financial health updates
No updates
Recent updates
Shareholders Shouldn’t Be Too Comfortable With ESG Emirates Stallions Group PJSC's (ADX:ESG) Strong Earnings
Feb 16
If EPS Growth Is Important To You, ESG Emirates Stallions Group PJSC (ADX:ESG) Presents An Opportunity
Feb 08Investors Still Aren't Entirely Convinced By ESG Emirates Stallions Group PJSC's (ADX:ESG) Revenues Despite 40% Price Jump
Dec 27ESG Emirates Stallions Group PJSC (ADX:ESG) Will Want To Turn Around Its Return Trends
Oct 20Investors Will Want ESG Emirates Stallions Group PJSC's (ADX:ESG) Growth In ROCE To Persist
Jun 20ESG Emirates Stallions Group PJSC's (ADX:ESG) Share Price Could Signal Some Risk
Nov 22ESG Emirates Stallions Group PJSC's (ADX:ESG) Soft Earnings Are Actually Better Than They Appear
Oct 21Financial Position Analysis
Short Term Liabilities: ESG's short term assets (AED1.4B) exceed its short term liabilities (AED734.6M).
Long Term Liabilities: ESG's short term assets (AED1.4B) exceed its long term liabilities (AED136.0M).
Debt to Equity History and Analysis
Debt Level: ESG has more cash than its total debt.
Reducing Debt: ESG's debt to equity ratio has increased from 0.5% to 2.9% over the past 5 years.
Debt Coverage: ESG's debt is well covered by operating cash flow (209%).
Interest Coverage: ESG earns more interest than it pays, so coverage of interest payments is not a concern.