Al Ramz Corporation Investment and Development P.J.S.C Balance Sheet Health
Financial Health criteria checks 3/6
Al Ramz Investment and Development P.J.S.C has a total shareholder equity of AED528.1M and total debt of AED495.0M, which brings its debt-to-equity ratio to 93.7%. Its total assets and total liabilities are AED1.5B and AED955.7M respectively.
Key information
93.7%
Debt to equity ratio
د.إ494.98m
Debt
| Interest coverage ratio | n/a |
| Cash | د.إ760.16m |
| Equity | د.إ528.14m |
| Total liabilities | د.إ955.71m |
| Total assets | د.إ1.48b |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Al Ramz Corporation Investment and Development P.J.S.C.'s (DFM:ALRAMZ) Price
Jul 16
Al Ramz Corporation Investment and Development P.J.S.C.'s (DFM:ALRAMZ) Shareholders Might Be Looking For Exit
Feb 09Why Investors Shouldn't Be Surprised By Al Ramz Corporation Investment and Development P.J.S.C.'s (DFM:ALRAMZ) P/E
Apr 18Here's Why We Think Al Ramz Corporation Investment and Development P.J.S.C (DFM:ALRAMZ) Is Well Worth Watching
Dec 17How Much Of Al Ramz Corporation Investment and Development P.J.S.C. (DFM:ALRAMZ) Do Insiders Own?
Mar 18Al Ramz Corporation Investment and Development P.J.S.C's (DFM:ALRAMZ) Stock Price Has Reduced 60% In The Past Three Years
Dec 27Financial Position Analysis
Short Term Liabilities: ALRAMZ's short term assets (AED1.4B) exceed its short term liabilities (AED946.1M).
Long Term Liabilities: ALRAMZ's short term assets (AED1.4B) exceed its long term liabilities (AED9.6M).
Debt to Equity History and Analysis
Debt Level: ALRAMZ has more cash than its total debt.
Reducing Debt: ALRAMZ's debt to equity ratio has increased from 59.6% to 93.7% over the past 5 years.
Debt Coverage: ALRAMZ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ALRAMZ's interest payments on its debt are well covered by EBIT.