National Corporation for Tourism and Hotels Balance Sheet Health
Financial Health criteria checks 4/6
National for Tourism and Hotels has a total shareholder equity of AED2.3B and total debt of AED386.4M, which brings its debt-to-equity ratio to 17.2%. Its total assets and total liabilities are AED2.8B and AED595.0M respectively. National for Tourism and Hotels's EBIT is AED74.9M making its interest coverage ratio 13.2. It has cash and short-term investments of AED384.6M.
Key information
17.2%
Debt to equity ratio
د.إ386.43m
Debt
Interest coverage ratio | 13.2x |
Cash | د.إ384.63m |
Equity | د.إ2.25b |
Total liabilities | د.إ595.03m |
Total assets | د.إ2.85b |
Recent financial health updates
No updates
Recent updates
We Like The Quality Of National Corporation for Tourism and Hotels' (ADX:NCTH) Earnings
Mar 12National Corporation for Tourism and Hotels' (ADX:NCTH) 29% Price Boost Is Out Of Tune With Earnings
Jan 31National Corporation for Tourism and Hotels' (ADX:NCTH) Returns On Capital Not Reflecting Well On The Business
Jan 18Some Investors May Be Worried About National Corporation for Tourism and Hotels' (ADX:NCTH) Returns On Capital
May 05National Corporation for Tourism and Hotels (ADX:NCTH) Will Want To Turn Around Its Return Trends
Dec 10Here's What's Concerning About National Corporation for Tourism and Hotels' (ADX:NCTH) Returns On Capital
Aug 03National Corporation for Tourism and Hotels (ADX:NCTH) Will Want To Turn Around Its Return Trends
Apr 30National Corporation for Tourism and Hotels (ADX:NCTH) May Have Issues Allocating Its Capital
Jan 17National Corporation for Tourism and Hotels (ADX:NCTH) Will Be Hoping To Turn Its Returns On Capital Around
Oct 03Investors Could Be Concerned With National Corporation for Tourism and Hotels' (ADX:NCTH) Returns On Capital
May 19I Built A List Of Growing Companies And National Corporation for Tourism and Hotels (ADX:NCTH) Made The Cut
Apr 30Can Mixed Fundamentals Have A Negative Impact on National Corporation for Tourism and Hotels (ADX:NCTH) Current Share Price Momentum?
Mar 01Could The National Corporation for Tourism and Hotels (ADX:NCTH) Ownership Structure Tell Us Something Useful?
Feb 03Will National Corporation for Tourism and Hotels (ADX:NCTH) Multiply In Value Going Forward?
Jan 14Should National Corporation for Tourism and Hotels (ADX:NCTH) Be Disappointed With Their 31% Profit?
Dec 28Here's Why I Think National Corporation for Tourism and Hotels (ADX:NCTH) Is An Interesting Stock
Dec 10Financial Position Analysis
Short Term Liabilities: NCTH's short term assets (AED577.8M) exceed its short term liabilities (AED213.3M).
Long Term Liabilities: NCTH's short term assets (AED577.8M) exceed its long term liabilities (AED381.7M).
Debt to Equity History and Analysis
Debt Level: NCTH's net debt to equity ratio (0.08%) is considered satisfactory.
Reducing Debt: NCTH's debt to equity ratio has increased from 16.2% to 17.2% over the past 5 years.
Debt Coverage: NCTH's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: NCTH's interest payments on its debt are well covered by EBIT (13.2x coverage).