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
Financial 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 05:45 |
| End of Day Share Price | 2024/12/18 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Multiply Group 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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