Multiply Group PJSC Balance Sheet Health
Financial Health criteria checks 4/6
Multiply Group PJSC has a total shareholder equity of AED27.8B and total debt of AED9.7B, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are AED40.3B and AED12.6B respectively. Multiply Group PJSC's EBIT is AED434.8M making its interest coverage ratio -27.8. It has cash and short-term investments of AED20.8B.
Key information
35.0%
Debt to equity ratio
د.إ9.72b
Debt
| Interest coverage ratio | -27.8x |
| Cash | د.إ20.81b |
| Equity | د.إ27.75b |
| Total liabilities | د.إ12.60b |
| Total assets | د.إ40.35b |
Recent financial health updates
No updates
Recent updates
Capital Allocation Trends At Multiply Group PJSC (ADX:MULTIPLY) Aren't Ideal
Apr 08
Multiply Group PJSC's (ADX:MULTIPLY) Soft Earnings Don't Show The Whole Picture
Feb 15Multiply Group PJSC's (ADX:MULTIPLY) Robust Earnings Are Not All Good News For Shareholders
Nov 05A Look At The Fair Value Of Multiply Group PJSC (ADX:MULTIPLY)
Aug 17Calculating The Fair Value Of Multiply Group PJSC (ADX:MULTIPLY)
Apr 28Financial Position Analysis
Short Term Liabilities: MULTIPLY's short term assets (AED21.8B) exceed its short term liabilities (AED5.9B).
Long Term Liabilities: MULTIPLY's short term assets (AED21.8B) exceed its long term liabilities (AED6.7B).
Debt to Equity History and Analysis
Debt Level: MULTIPLY has more cash than its total debt.
Reducing Debt: MULTIPLY's debt to equity ratio has increased from 0% to 35% over the past 5 years.
Debt Coverage: MULTIPLY's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: MULTIPLY earns more interest than it pays, so coverage of interest payments is not a concern.