Aldar Properties PJSC Balance Sheet Health
Financial Health criteria checks 4/6
Aldar Properties PJSC has a total shareholder equity of AED40.9B and total debt of AED15.4B, which brings its debt-to-equity ratio to 37.6%. Its total assets and total liabilities are AED81.0B and AED40.0B respectively. Aldar Properties PJSC's EBIT is AED5.4B making its interest coverage ratio 24.7. It has cash and short-term investments of AED13.3B.
Key information
37.6%
Debt to equity ratio
د.إ15.40b
Debt
| Interest coverage ratio | 24.7x |
| Cash | د.إ13.30b |
| Equity | د.إ40.94b |
| Total liabilities | د.إ40.01b |
| Total assets | د.إ80.95b |
Recent financial health updates
No updates
Recent updates
Aldar Properties PJSC Just Missed EPS By 17%: Here's What Analysts Think Will Happen Next
Nov 01
Aldar Properties PJSC (ADX:ALDAR) Strong Profits May Be Masking Some Underlying Issues
Aug 05Earnings Beat: Aldar Properties PJSC Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Aug 01Potential Upside For Aldar Properties PJSC (ADX:ALDAR) Not Without Risk
Jul 25A Look At The Fair Value Of Aldar Properties PJSC (ADX:ALDAR)
Jun 08Calculating The Intrinsic Value Of Aldar Properties PJSC (ADX:ALDAR)
Feb 19Aldar Properties PJSC (ADX:ALDAR) Shareholders Have Enjoyed A 57% Share Price Gain
Jan 28Is Aldar Properties PJSC (ADX:ALDAR) A Risky Dividend Stock?
Jan 11
What Is The Ownership Structure Like For Aldar Properties PJSC (ADX:ALDAR)?
Dec 24Are Aldar Properties PJSC's (ADX:ALDAR) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 06Financial Position Analysis
Short Term Liabilities: ALDAR's short term assets (AED42.7B) exceed its short term liabilities (AED20.8B).
Long Term Liabilities: ALDAR's short term assets (AED42.7B) exceed its long term liabilities (AED19.2B).
Debt to Equity History and Analysis
Debt Level: ALDAR's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: ALDAR's debt to equity ratio has increased from 32.1% to 37.6% over the past 5 years.
Debt Coverage: ALDAR's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: ALDAR's interest payments on its debt are well covered by EBIT (24.7x coverage).