Finance House P.J.S.C Balance Sheet Health
Financial Health criteria checks 3/6
Finance House P.J.S.C has a total shareholder equity of AED661.9M and total debt of AED281.1M, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are AED2.8B and AED2.1B respectively.
Key information
42.5%
Debt to equity ratio
د.إ281.13m
Debt
| Interest coverage ratio | n/a |
| Cash | د.إ28.01m |
| Equity | د.إ661.93m |
| Total liabilities | د.إ2.10b |
| Total assets | د.إ2.77b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FH's short term assets (AED2.4B) exceed its short term liabilities (AED2.1B).
Long Term Liabilities: FH's short term assets (AED2.4B) exceed its long term liabilities (AED35.4M).
Debt to Equity History and Analysis
Debt Level: FH's net debt to equity ratio (38.2%) is considered satisfactory.
Reducing Debt: FH's debt to equity ratio has increased from 29.4% to 42.5% over the past 5 years.
Debt Coverage: FH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if FH's interest payments on its debt are well covered by EBIT.