Taaleem Holdings PJSC Balance Sheet Health
Financial Health criteria checks 6/6
Taaleem Holdings PJSC has a total shareholder equity of AED1.7B and total debt of AED156.6M, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are AED2.7B and AED1.0B respectively. Taaleem Holdings PJSC's EBIT is AED164.8M making its interest coverage ratio -12.8. It has cash and short-term investments of AED777.3M.
Key information
9.1%
Debt to equity ratio
د.إ156.64m
Debt
| Interest coverage ratio | -12.8x |
| Cash | د.إ777.34m |
| Equity | د.إ1.71b |
| Total liabilities | د.إ1.03b |
| Total assets | د.إ2.74b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TAALEEM's short term assets (AED812.4M) exceed its short term liabilities (AED493.4M).
Long Term Liabilities: TAALEEM's short term assets (AED812.4M) exceed its long term liabilities (AED535.1M).
Debt to Equity History and Analysis
Debt Level: TAALEEM has more cash than its total debt.
Reducing Debt: TAALEEM's debt to equity ratio has reduced from 9.9% to 9.1% over the past 5 years.
Debt Coverage: TAALEEM's debt is well covered by operating cash flow (182.7%).
Interest Coverage: TAALEEM earns more interest than it pays, so coverage of interest payments is not a concern.