Palms Sports PJSC

ADX:PALMS Stock Report

Market Cap: د.إ1.5b

Palms Sports PJSC Balance Sheet Health

Financial Health criteria checks 5/6

Palms Sports PJSC has a total shareholder equity of AED542.6M and total debt of AED181.3M, which brings its debt-to-equity ratio to 33.4%. Its total assets and total liabilities are AED1.0B and AED461.9M respectively. Palms Sports PJSC's EBIT is AED137.6M making its interest coverage ratio 13.8. It has cash and short-term investments of AED329.3M.

Key information

33.4%

Debt to equity ratio

د.إ181.34m

Debt

Interest coverage ratio13.8x
Cashد.إ329.29m
Equityد.إ542.58m
Total liabilitiesد.إ461.87m
Total assetsد.إ1.00b

Recent financial health updates

No updates

Recent updates

Palms Sports PJSC (ADX:PALMS) Stock Rockets 27% But Many Are Still Ignoring The Company

Jan 10
Palms Sports PJSC (ADX:PALMS) Stock Rockets 27% But Many Are Still Ignoring The Company

We Think You Can Look Beyond Palms Sports PJSC's (ADX:PALMS) Lackluster Earnings

Jul 26
We Think You Can Look Beyond Palms Sports PJSC's (ADX:PALMS) Lackluster Earnings

Investors Give Palms Sports PJSC (ADX:PALMS) Shares A 25% Hiding

May 01
Investors Give Palms Sports PJSC (ADX:PALMS) Shares A 25% Hiding

Here's What's Concerning About Palms Sports PJSC's (ADX:PALMS) Returns On Capital

Apr 16
Here's What's Concerning About Palms Sports PJSC's (ADX:PALMS) Returns On Capital

Many Still Looking Away From Palms Sports PJSC (ADX:PALMS)

Mar 01
Many Still Looking Away From Palms Sports PJSC (ADX:PALMS)

Palms Sports PJSC's (ADX:PALMS) Conservative Accounting Might Explain Soft Earnings

Jan 25
Palms Sports PJSC's (ADX:PALMS) Conservative Accounting Might Explain Soft Earnings

Palms Sports PJSC (ADX:PALMS) Ticks All The Boxes When It Comes To Earnings Growth

Nov 30
Palms Sports PJSC (ADX:PALMS) Ticks All The Boxes When It Comes To Earnings Growth

Palms Sports PJSC (ADX:PALMS) Screens Well But There Might Be A Catch

Oct 27
Palms Sports PJSC (ADX:PALMS) Screens Well But There Might Be A Catch

Palms Sports PJSC (ADX:PALMS) Might Be Having Difficulty Using Its Capital Effectively

Feb 14
Palms Sports PJSC (ADX:PALMS) Might Be Having Difficulty Using Its Capital Effectively

Palms Sports PJSC (ADX:PALMS) Knows How To Allocate Capital

Oct 05
Palms Sports PJSC (ADX:PALMS) Knows How To Allocate Capital

Here's What Palms Sports PJSC's (ADX:PALMS) Strong Returns On Capital Mean

Jun 30
Here's What Palms Sports PJSC's (ADX:PALMS) Strong Returns On Capital Mean

With EPS Growth And More, Palms Sports PJSC (ADX:PALMS) Is Interesting

Apr 14
With EPS Growth And More, Palms Sports PJSC (ADX:PALMS) Is Interesting

Capital Investment Trends At Palms Sports PJSC (ADX:PALMS) Look Strong

Mar 09
Capital Investment Trends At Palms Sports PJSC (ADX:PALMS) Look Strong

Palms Sports PJSC's (ADX:PALMS) Solid Earnings May Rest On Weak Foundations

Aug 05
Palms Sports PJSC's (ADX:PALMS) Solid Earnings May Rest On Weak Foundations

Financial Position Analysis

Short Term Liabilities: PALMS's short term assets (AED769.5M) exceed its short term liabilities (AED183.8M).

Long Term Liabilities: PALMS's short term assets (AED769.5M) exceed its long term liabilities (AED278.1M).

Debt to Equity History and Analysis

Debt Level: PALMS has more cash than its total debt.

Reducing Debt: Insufficient data to determine if PALMS's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: PALMS's debt is well covered by operating cash flow (79.4%).

Interest Coverage: PALMS's interest payments on its debt are well covered by EBIT (13.8x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/11 12:27
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Palms Sports PJSC is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution