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 (ADX:ALDAR) Doing What It Can To Lift Shares
Nov 28
Aldar Properties PJSC Just Missed EPS By 17%: Here's What Analysts Think Will Happen Next
Nov 01Aldar 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 25Financial 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 18:23 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Aldar Properties PJSC is covered by 26 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Belhassen Achour | AlphaMena |
| Kais Kriaa | AlphaMena |
| Mohamad Haidar | Arqaam Capital Research Offshore S.A.L. |