Watania International Holding PJSC Balance Sheet Health
Financial Health criteria checks 3/6
Watania International Holding PJSC has a total shareholder equity of AED235.5M and total debt of AED61.8M, which brings its debt-to-equity ratio to 26.2%. Its total assets and total liabilities are AED1.3B and AED1.0B respectively. Watania International Holding PJSC's EBIT is AED7.3M making its interest coverage ratio 1.3. It has cash and short-term investments of AED833.6M.
Key information
26.2%
Debt to equity ratio
د.إ61.81m
Debt
| Interest coverage ratio | 1.3x |
| Cash | د.إ833.58m |
| Equity | د.إ235.50m |
| Total liabilities | د.إ1.05b |
| Total assets | د.إ1.28b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: WATANIA's short term assets (AED1.1B) exceed its short term liabilities (AED162.2M).
Long Term Liabilities: WATANIA's short term assets (AED1.1B) exceed its long term liabilities (AED885.2M).
Debt to Equity History and Analysis
Debt Level: WATANIA has more cash than its total debt.
Reducing Debt: WATANIA's debt to equity ratio has increased from 0% to 26.2% over the past 5 years.
Debt Coverage: WATANIA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: WATANIA's interest payments on its debt are not well covered by EBIT (1.3x coverage).