Depa Balance Sheet Health
Financial Health criteria checks 6/6
Depa has a total shareholder equity of AED437.7M and total debt of AED500.0K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are AED1.1B and AED698.3M respectively. Depa's EBIT is AED62.9M making its interest coverage ratio 44.9. It has cash and short-term investments of AED268.6M.
Key information
0.1%
Debt to equity ratio
د.إ500.00k
Debt
| Interest coverage ratio | 44.9x |
| Cash | د.إ268.60m |
| Equity | د.إ437.70m |
| Total liabilities | د.إ698.30m |
| Total assets | د.إ1.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DEPA's short term assets (AED838.1M) exceed its short term liabilities (AED591.9M).
Long Term Liabilities: DEPA's short term assets (AED838.1M) exceed its long term liabilities (AED106.4M).
Debt to Equity History and Analysis
Debt Level: DEPA has more cash than its total debt.
Reducing Debt: DEPA's debt to equity ratio has reduced from 16.6% to 0.1% over the past 5 years.
Debt Coverage: DEPA's debt is well covered by operating cash flow (16000%).
Interest Coverage: DEPA's interest payments on its debt are well covered by EBIT (44.9x coverage).