Ensteel Building Materials PJSC Balance Sheet Health
Financial Health criteria checks 6/6
Ensteel Building Materials PJSC has a total shareholder equity of AED8.5B and total debt of AED576.6M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are AED11.1B and AED2.6B respectively. Ensteel Building Materials PJSC's EBIT is AED619.8M making its interest coverage ratio 8.2. It has cash and short-term investments of AED732.3M.
Key information
6.8%
Debt to equity ratio
د.إ576.60m
Debt
Interest coverage ratio | 8.2x |
Cash | د.إ732.26m |
Equity | د.إ8.46b |
Total liabilities | د.إ2.64b |
Total assets | د.إ11.10b |
Recent financial health updates
No updates
Recent updates
Returns On Capital Are Showing Encouraging Signs At Ensteel Building Materials PJSC (ADX:EMSTEEL)
May 06Risks To Shareholder Returns Are Elevated At These Prices For Ensteel Building Materials PJSC (ADX:EMSTEEL)
Apr 09We 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 28Does 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 (AED4.4B) exceed its short term liabilities (AED2.1B).
Long Term Liabilities: EMSTEEL's short term assets (AED4.4B) exceed its long term liabilities (AED537.5M).
Debt to Equity History and Analysis
Debt Level: EMSTEEL has more cash than its total debt.
Reducing Debt: EMSTEEL's debt to equity ratio has reduced from 51.3% to 6.8% over the past 5 years.
Debt Coverage: EMSTEEL's debt is well covered by operating cash flow (256.5%).
Interest Coverage: EMSTEEL's interest payments on its debt are well covered by EBIT (8.2x coverage).