Emaar Development PJSC Balance Sheet Health
Financial Health criteria checks 6/6
Emaar Development PJSC has a total shareholder equity of AED30.4B and total debt of AED4.3B, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are AED62.6B and AED32.2B respectively. Emaar Development PJSC's EBIT is AED9.1B making its interest coverage ratio -12.7. It has cash and short-term investments of AED27.3B.
Key information
14.0%
Debt to equity ratio
د.إ4.25b
Debt
| Interest coverage ratio | -12.7x |
| Cash | د.إ27.33b |
| Equity | د.إ30.36b |
| Total liabilities | د.إ32.20b |
| Total assets | د.إ62.56b |
Recent financial health updates
No updates
Recent updates
We Like The Quality Of Emaar Development PJSC's (DFM:EMAARDEV) Earnings
Nov 21
Even With A 29% Surge, Cautious Investors Are Not Rewarding Emaar Development PJSC's (DFM:EMAARDEV) Performance Completely
Nov 16The Emaar Development PJSC (DFM:EMAARDEV) Third-Quarter Results Are Out And Analysts Have Published New Forecasts
Nov 14Take Care Before Diving Into The Deep End On Emaar Development PJSC (DFM:EMAARDEV)
Oct 02Analyst Forecasts Just Became More Bearish On Emaar Development PJSC (DFM:EMAARDEV)
Aug 27Need To Know: Analysts Are Much More Bullish On Emaar Development PJSC (DFM:EMAARDEV) Revenues
Aug 13Emaar Development PJSC (DFM:EMAARDEV) Analysts Just Slashed This Year's Revenue Estimates By 16%
May 26Financial Position Analysis
Short Term Liabilities: EMAARDEV's short term assets (AED57.4B) exceed its short term liabilities (AED8.4B).
Long Term Liabilities: EMAARDEV's short term assets (AED57.4B) exceed its long term liabilities (AED23.8B).
Debt to Equity History and Analysis
Debt Level: EMAARDEV has more cash than its total debt.
Reducing Debt: EMAARDEV's debt to equity ratio has reduced from 34.2% to 14% over the past 5 years.
Debt Coverage: EMAARDEV's debt is well covered by operating cash flow (198.6%).
Interest Coverage: EMAARDEV earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 11:40 |
| End of Day Share Price | 2024/12/19 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 here.
Analysis Model and Snowflake
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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
Emaar Development PJSC is covered by 17 analysts. 10 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 |
|---|---|
| Kais Kriaa | AlphaMena |
| Belhassen Achour | AlphaMena |
| Mohamad Haidar | Arqaam Capital Research Offshore S.A.L. |