Multiply Group PJSC Balance Sheet Health
Financial Health criteria checks 4/6
Multiply Group PJSC has a total shareholder equity of AED25.9B and total debt of AED9.7B, which brings its debt-to-equity ratio to 37.6%. Its total assets and total liabilities are AED38.7B and AED12.9B respectively. Multiply Group PJSC's EBIT is AED398.6M making its interest coverage ratio -0.7. It has cash and short-term investments of AED15.1B.
Key information
37.6%
Debt to equity ratio
د.إ9.72b
Debt
Interest coverage ratio | -0.7x |
Cash | د.إ15.08b |
Equity | د.إ25.85b |
Total liabilities | د.إ12.87b |
Total assets | د.إ38.73b |
Recent financial health updates
No updates
Recent updates
Capital Allocation Trends At Multiply Group PJSC (ADX:MULTIPLY) Aren't Ideal
Apr 08Multiply 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 (AED16.2B) exceed its short term liabilities (AED2.4B).
Long Term Liabilities: MULTIPLY's short term assets (AED16.2B) exceed its long term liabilities (AED10.5B).
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 37.6% over the past 5 years.
Debt Coverage: MULTIPLY's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: MULTIPLY earns more interest than it pays, so coverage of interest payments is not a concern.