Amanat Holdings PJSC Balance Sheet Health
Financial Health criteria checks 5/6
Amanat Holdings PJSC has a total shareholder equity of AED2.8B and total debt of AED408.5M, which brings its debt-to-equity ratio to 14.7%. Its total assets and total liabilities are AED4.0B and AED1.2B respectively. Amanat Holdings PJSC's EBIT is AED133.8M making its interest coverage ratio -10.2. It has cash and short-term investments of AED570.3M.
Key information
14.7%
Debt to equity ratio
د.إ408.53m
Debt
| Interest coverage ratio | -10.2x |
| Cash | د.إ570.27m |
| Equity | د.إ2.79b |
| Total liabilities | د.إ1.19b |
| Total assets | د.إ3.97b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AMANAT's short term assets (AED952.2M) exceed its short term liabilities (AED599.0M).
Long Term Liabilities: AMANAT's short term assets (AED952.2M) exceed its long term liabilities (AED589.5M).
Debt to Equity History and Analysis
Debt Level: AMANAT has more cash than its total debt.
Reducing Debt: AMANAT's debt to equity ratio has increased from 1.8% to 14.7% over the past 5 years.
Debt Coverage: AMANAT's debt is well covered by operating cash flow (66.8%).
Interest Coverage: AMANAT earns more interest than it pays, so coverage of interest payments is not a concern.