Emirates Reem Investments Company P.J.S.C Balance Sheet Health
Financial Health criteria checks 5/6
Emirates Reem Investments Company P.J.S.C has a total shareholder equity of AED349.6M and total debt of AED883.5K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are AED401.8M and AED52.1M respectively. Emirates Reem Investments Company P.J.S.C's EBIT is AED12.2M making its interest coverage ratio -1.3. It has cash and short-term investments of AED178.4M.
Key information
0.25%
Debt to equity ratio
د.إ883.48k
Debt
| Interest coverage ratio | -1.3x |
| Cash | د.إ178.39m |
| Equity | د.إ349.62m |
| Total liabilities | د.إ52.13m |
| Total assets | د.إ401.75m |
Recent financial health updates
No updates
Recent updates
Investors Shouldn't Be Too Comfortable With Emirates Reem Investments Company P.J.S.C's (DFM:ERC) Earnings
May 21
The Price Is Right For Emirates Reem Investments Company P.J.S.C (DFM:ERC)
Jan 29Emirates Reem Investments Company P.J.S.C's (DFM:ERC) Soft Earnings Are Actually Better Than They Appear
Nov 19
Bullish sentiment - Exceptional industry growth and firm overperformed its peers
Current Share Price: 3.41AEDEmirates Reem Investments Company P.J.S.C's (DFM:ERC) P/S Is Still On The Mark Following 39% Share Price Bounce
Oct 12There's Reason For Concern Over Emirates Refreshments (P.S.C.)'s (DFM:ERC) Price
Jul 04Emirates Refreshments (P.S.C.) (DFM:ERC) Is Posting Healthy Earnings, But It Is Not All Good News
Nov 20Financial Position Analysis
Short Term Liabilities: ERC's short term assets (AED336.6M) exceed its short term liabilities (AED45.9M).
Long Term Liabilities: ERC's short term assets (AED336.6M) exceed its long term liabilities (AED6.3M).
Debt to Equity History and Analysis
Debt Level: ERC has more cash than its total debt.
Reducing Debt: ERC's debt to equity ratio has reduced from 31.2% to 0.3% over the past 5 years.
Debt Coverage: ERC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ERC earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/29 12:42 |
| End of Day Share Price | 2025/05/29 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Emirates Reem Investments Company P.J.S.C is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.