Manazel PJSC Balance Sheet Health
Financial Health criteria checks 2/6
Manazel PJSC has a total shareholder equity of AED2.9B and total debt of AED1.4B, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are AED5.3B and AED2.4B respectively.
Key information
49.2%
Debt to equity ratio
د.إ1.41b
Debt
| Interest coverage ratio | n/a |
| Cash | د.إ13.82m |
| Equity | د.إ2.87b |
| Total liabilities | د.إ2.40b |
| Total assets | د.إ5.27b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MANAZEL's short term assets (AED1.8B) exceed its short term liabilities (AED979.0M).
Long Term Liabilities: MANAZEL's short term assets (AED1.8B) exceed its long term liabilities (AED1.4B).
Debt to Equity History and Analysis
Debt Level: MANAZEL's net debt to equity ratio (48.7%) is considered high.
Reducing Debt: MANAZEL's debt to equity ratio has increased from 47.7% to 49.2% over the past 5 years.
Debt Coverage: MANAZEL's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: Insufficient data to determine if MANAZEL's interest payments on its debt are well covered by EBIT.