Aldar Properties PJSC Balance Sheet Health
Financial Health criteria checks 5/6
Aldar Properties PJSC has a total shareholder equity of AED38.0B and total debt of AED12.8B, which brings its debt-to-equity ratio to 33.8%. Its total assets and total liabilities are AED73.4B and AED35.4B respectively. Aldar Properties PJSC's EBIT is AED4.5B making its interest coverage ratio 29.4. It has cash and short-term investments of AED12.1B.
Key information
33.8%
Debt to equity ratio
د.إ12.84b
Debt
| Interest coverage ratio | 29.4x |
| Cash | د.إ12.13b |
| Equity | د.إ38.03b |
| Total liabilities | د.إ35.36b |
| Total assets | د.إ73.39b |
Recent financial health updates
No updates
Recent updates
A Look At The Fair Value Of Aldar Properties PJSC (ADX:ALDAR)
Jun 08
Calculating 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 06Aldar Properties PJSC's (ADX:ALDAR) Stock's Been Going Strong: Could Weak Financials Mean The Market Will Coorect Its Share Price?
Nov 17Benign Growth For Aldar Properties PJSC (ADX:ALDAR) Underpins Its Share Price
Sep 15Should You Use Aldar Properties PJSC's (ADX:ALDAR) Statutory Earnings To Analyse It?
Aug 25Financial Position Analysis
Short Term Liabilities: ALDAR's short term assets (AED36.6B) exceed its short term liabilities (AED19.5B).
Long Term Liabilities: ALDAR's short term assets (AED36.6B) exceed its long term liabilities (AED15.8B).
Debt to Equity History and Analysis
Debt Level: ALDAR's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: ALDAR's debt to equity ratio has increased from 31.9% to 33.8% over the past 5 years.
Debt Coverage: ALDAR's debt is well covered by operating cash flow (36.8%).
Interest Coverage: ALDAR's interest payments on its debt are well covered by EBIT (29.4x coverage).