Arkan Building Materials Company (ARKAN) PJSC Financial Health
How is Arkan Building Materials Company (ARKAN) PJSC's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: EMSTEEL's short term assets (AED4.3B) exceed its short term liabilities (AED3.4B).
Long Term Liabilities: EMSTEEL's short term assets (AED4.3B) exceed its long term liabilities (AED834.7M).
Debt to Equity History and Analysis
Debt Level: EMSTEEL's net debt to equity ratio (18%) is considered satisfactory.
Reducing Debt: EMSTEEL's debt to equity ratio has reduced from 59.5% to 26.4% over the past 5 years.
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 EMSTEEL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: EMSTEEL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 42% per year.