TECOM Group PJSC Balance Sheet Health
Financial Health criteria checks 3/6
TECOM Group PJSC has a total shareholder equity of AED6.3B and total debt of AED4.4B, which brings its debt-to-equity ratio to 68.8%. Its total assets and total liabilities are AED14.8B and AED8.5B respectively. TECOM Group PJSC's EBIT is AED1.2B making its interest coverage ratio 8.3. It has cash and short-term investments of AED1.5B.
Key information
68.8%
Debt to equity ratio
د.إ4.35b
Debt
| Interest coverage ratio | 8.3x |
| Cash | د.إ1.54b |
| Equity | د.إ6.33b |
| Total liabilities | د.إ8.49b |
| Total assets | د.إ14.81b |
Recent financial health updates
No updates
Recent updates
TECOM Group PJSC (DFM:TECOM) Shares Could Be 38% Below Their Intrinsic Value Estimate
Jun 30
Need To Know: Analysts Are Much More Bullish On TECOM Group PJSC (DFM:TECOM) Revenues
May 08Revenue Beat: TECOM Group PJSC Exceeded Revenue Forecasts By 15% And Analysts Are Updating Their Estimates
May 07TECOM Group PJSC's (DFM:TECOM) Intrinsic Value Is Potentially 41% Above Its Share Price
Jan 17Financial Position Analysis
Short Term Liabilities: TECOM's short term assets (AED1.8B) exceed its short term liabilities (AED1.7B).
Long Term Liabilities: TECOM's short term assets (AED1.8B) do not cover its long term liabilities (AED6.8B).
Debt to Equity History and Analysis
Debt Level: TECOM's net debt to equity ratio (44.6%) is considered high.
Reducing Debt: Insufficient data to determine if TECOM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TECOM's debt is well covered by operating cash flow (37.4%).
Interest Coverage: TECOM's interest payments on its debt are well covered by EBIT (8.3x coverage).