NMDC Energy - P.J.S.C Balance Sheet Health
Financial Health criteria checks 5/6
NMDC Energy - P.J.S.C has a total shareholder equity of AED4.8B and total debt of AED646.4M, which brings its debt-to-equity ratio to 13.6%. Its total assets and total liabilities are AED15.6B and AED10.9B respectively. NMDC Energy - P.J.S.C's EBIT is AED1.3B making its interest coverage ratio -30.9. It has cash and short-term investments of AED2.8B.
Key information
13.6%
Debt to equity ratio
د.إ646.40m
Debt
| Interest coverage ratio | -30.9x |
| Cash | د.إ2.85b |
| Equity | د.إ4.75b |
| Total liabilities | د.إ10.90b |
| Total assets | د.إ15.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NMDCENR's short term assets (AED12.1B) exceed its short term liabilities (AED9.9B).
Long Term Liabilities: NMDCENR's short term assets (AED12.1B) exceed its long term liabilities (AED1.0B).
Debt to Equity History and Analysis
Debt Level: NMDCENR has more cash than its total debt.
Reducing Debt: Insufficient data to determine if NMDCENR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NMDCENR's debt is well covered by operating cash flow (386.6%).
Interest Coverage: NMDCENR earns more interest than it pays, so coverage of interest payments is not a concern.