Ensteel Building Materials PJSC Balance Sheet Health
Financial Health criteria checks 6/6
Ensteel Building Materials PJSC has a total shareholder equity of AED8.3B and total debt of AED489.3M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are AED11.0B and AED2.7B respectively. Ensteel Building Materials PJSC's EBIT is AED644.9M making its interest coverage ratio 7.3. It has cash and short-term investments of AED425.8M.
Key information
5.9%
Debt to equity ratio
د.إ489.31m
Debt
| Interest coverage ratio | 7.3x |
| Cash | د.إ425.81m |
| Equity | د.إ8.33b |
| Total liabilities | د.إ2.70b |
| Total assets | د.إ11.03b |
Recent financial health updates
No updates
Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For Ensteel Building Materials PJSC (ADX:EMSTEEL)
Apr 09
We Think Ensteel Building Materials PJSC's (ADX:EMSTEEL) Healthy Earnings Might Be Conservative
Mar 13Ensteel Building Materials PJSC (ADX:EMSTEEL) Might Have The Makings Of A Multi-Bagger
Jan 25Sentiment Still Eluding Ensteel Building Materials PJSC (ADX:EMSTEEL)
Dec 25Ensteel Building Materials PJSC (ADX:EMSTEEL) Is Experiencing Growth In Returns On Capital
Oct 04Arkan Building Materials Company (ARKAN) PJSC (ADX:EMSTEEL) Is Looking To Continue Growing Its Returns On Capital
Jun 14Arkan Building Materials Company (ARKAN) PJSC (ADX:EMSTEEL) Is Looking To Continue Growing Its Returns On Capital
Feb 17Arkan Building Materials Company (ARKAN) PJSC (ADX:EMSTEEL) Is Looking To Continue Growing Its Returns On Capital
Oct 26Arkan Building Materials Company (ARKAN) PJSC (ADX:EMSTEEL) Might Be Having Difficulty Using Its Capital Effectively
Jul 12Arkan Building Materials Company (ARKAN) PJSC (ADX:ARKAN) Could Be At Risk Of Shrinking As A Company
Mar 16Returns On Capital At Arkan Building Materials Company (ARKAN) PJSC (ADX:ARKAN) Paint A Concerning Picture
Nov 27Capital Allocation Trends At Arkan Building Materials Company (ARKAN) PJSC (ADX:ARKAN) Aren't Ideal
Aug 11Arkan Building Materials Company (ARKAN) PJSC (ADX:ARKAN) Will Be Looking To Turn Around Its Returns
Mar 31Does Arkan Building Materials Company (ARKAN) PJSC's (ADX:ARKAN) Statutory Profit Adequately Reflect Its Underlying Profit?
Feb 04Here's What To Make Of Arkan Building Materials Company (ARKAN) PJSC's (ADX:ARKAN) Returns On Capital
Dec 28
Does Arkan Building Materials Company (ARKAN) PJSC's (ADX:ARKAN) Share Price Gain of 95% Match Its Business Performance?
Nov 22Financial Position Analysis
Short Term Liabilities: EMSTEEL's short term assets (AED4.1B) exceed its short term liabilities (AED2.2B).
Long Term Liabilities: EMSTEEL's short term assets (AED4.1B) exceed its long term liabilities (AED533.8M).
Debt to Equity History and Analysis
Debt Level: EMSTEEL's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: EMSTEEL's debt to equity ratio has reduced from 50.4% to 5.9% over the past 5 years.
Debt Coverage: EMSTEEL's debt is well covered by operating cash flow (295.4%).
Interest Coverage: EMSTEEL's interest payments on its debt are well covered by EBIT (7.3x coverage).