NMDC Group PJSC Balance Sheet Health
Financial Health criteria checks 6/6
NMDC Group PJSC has a total shareholder equity of AED12.6B and total debt of AED1.1B, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are AED33.2B and AED20.6B respectively. NMDC Group PJSC's EBIT is AED3.3B making its interest coverage ratio -67.5. It has cash and short-term investments of AED6.0B.
Key information
8.5%
Debt to equity ratio
د.إ1.08b
Debt
| Interest coverage ratio | -67.5x |
| Cash | د.إ6.05b |
| Equity | د.إ12.63b |
| Total liabilities | د.إ20.57b |
| Total assets | د.إ33.20b |
Recent financial health updates
No updates
Recent updates
NMDC Group PJSC (ADX:NMDC) Has Announced A Dividend Of AED0.83
Mar 24
NMDC Group PJSC (ADX:NMDC) Is Due To Pay A Dividend Of AED0.83
Mar 09Investors Continue Waiting On Sidelines For NMDC Group PJSC (ADX:NMDC)
Jan 21Investors Will Want NMDC Group PJSC's (ADX:NMDC) Growth In ROCE To Persist
Dec 13Solid Earnings May Not Tell The Whole Story For NMDC Group PJSC (ADX:NMDC)
Nov 07NMDC Group PJSC (ADX:NMDC) Could Be Riskier Than It Looks
Oct 15Investors Aren't Entirely Convinced By National Marine Dredging Company's (ADX:NMDC) Earnings
Jul 01Financial Position Analysis
Short Term Liabilities: NMDC's short term assets (AED23.9B) exceed its short term liabilities (AED18.9B).
Long Term Liabilities: NMDC's short term assets (AED23.9B) exceed its long term liabilities (AED1.7B).
Debt to Equity History and Analysis
Debt Level: NMDC has more cash than its total debt.
Reducing Debt: NMDC's debt to equity ratio has reduced from 9.7% to 8.5% over the past 5 years.
Debt Coverage: NMDC's debt is well covered by operating cash flow (309.4%).
Interest Coverage: NMDC 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 | 2025/04/22 12:12 |
| End of Day Share Price | 2025/04/22 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
NMDC Group PJSC is covered by 2 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 |
|---|---|
| Ahmed Maher | EFG-Hermes Research |
| Yousef El Husseini | EFG-Hermes Research |