Abu Dhabi National Company for Building Materials PJSC Balance Sheet Health
Financial Health criteria checks 3/6
Abu Dhabi National Company for Building Materials PJSC has a total shareholder equity of AED28.9M and total debt of AED206.0M, which brings its debt-to-equity ratio to 711.9%. Its total assets and total liabilities are AED354.7M and AED325.7M respectively.
Key information
711.9%
Debt to equity ratio
د.إ205.95m
Debt
Interest coverage ratio | n/a |
Cash | د.إ76.52m |
Equity | د.إ28.93m |
Total liabilities | د.إ325.75m |
Total assets | د.إ354.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BILDCO's short term assets (AED97.4M) do not cover its short term liabilities (AED296.6M).
Long Term Liabilities: BILDCO's short term assets (AED97.4M) exceed its long term liabilities (AED29.2M).
Debt to Equity History and Analysis
Debt Level: BILDCO's net debt to equity ratio (447.4%) is considered high.
Reducing Debt: BILDCO's debt to equity ratio has increased from 93.7% to 711.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable BILDCO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BILDCO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 24.5% per year.