ADNOC Logistics & Services Balance Sheet Health
Financial Health criteria checks 5/6
ADNOC Logistics & Services has a total shareholder equity of $4.6B and total debt of $100.0M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are $6.1B and $1.5B respectively. ADNOC Logistics & Services's EBIT is $677.6M making its interest coverage ratio -204.1. It has cash and short-term investments of $348.0M.
Key information
2.2%
Debt to equity ratio
US$100.00m
Debt
Interest coverage ratio | -204.1x |
Cash | US$348.01m |
Equity | US$4.60b |
Total liabilities | US$1.46b |
Total assets | US$6.06b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ADNOCLS's short term assets ($1.7B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: ADNOCLS's short term assets ($1.7B) exceed its long term liabilities ($332.3M).
Debt to Equity History and Analysis
Debt Level: ADNOCLS has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ADNOCLS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ADNOCLS's debt is well covered by operating cash flow (910.8%).
Interest Coverage: ADNOCLS earns more interest than it pays, so coverage of interest payments is not a concern.