Amlak Finance PJSC Balance Sheet Health
Financial Health criteria checks 5/6
Amlak Finance PJSC has a total shareholder equity of AED1.6B and total debt of AED147.7M, which brings its debt-to-equity ratio to 9.3%. Its total assets and total liabilities are AED3.1B and AED1.6B respectively.
Key information
9.3%
Debt to equity ratio
د.إ147.66m
Debt
Interest coverage ratio | n/a |
Cash | د.إ249.99m |
Equity | د.إ1.59b |
Total liabilities | د.إ1.55b |
Total assets | د.إ3.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMLAK's short term assets (AED1.4B) exceed its short term liabilities (AED1.2B).
Long Term Liabilities: AMLAK's short term assets (AED1.4B) exceed its long term liabilities (AED337.0M).
Debt to Equity History and Analysis
Debt Level: AMLAK has more cash than its total debt.
Reducing Debt: AMLAK's debt to equity ratio has reduced from 9.6% to 9.3% over the past 5 years.
Debt Coverage: AMLAK's debt is well covered by operating cash flow (142.5%).
Interest Coverage: Insufficient data to determine if AMLAK's interest payments on its debt are well covered by EBIT.