Union Properties Public Joint Stock Company

DFM:UPP Stock Report

Market Cap: د.إ1.6b

Union Properties Balance Sheet Health

Financial Health criteria checks 4/6

Union Properties has a total shareholder equity of AED2.8B and total debt of AED709.3M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are AED4.1B and AED1.2B respectively. Union Properties's EBIT is AED25.7M making its interest coverage ratio 0.5. It has cash and short-term investments of AED110.6M.

Key information

24.9%

Debt to equity ratio

د.إ709.33m

Debt

Interest coverage ratio0.5x
Cashد.إ110.55m
Equityد.إ2.85b
Total liabilitiesد.إ1.21b
Total assetsد.إ4.06b

Recent financial health updates

No updates

Recent updates

Union Properties' (DFM:UPP) Earnings Aren't As Good As They Appear

Nov 04
Union Properties' (DFM:UPP) Earnings Aren't As Good As They Appear

Shareholders In Union Properties (DFM:UPP) Should Look Beyond Earnings For The Full Story

Mar 19
Shareholders In Union Properties (DFM:UPP) Should Look Beyond Earnings For The Full Story

Revenues Not Telling The Story For Union Properties Public Joint Stock Company (DFM:UPP)

Feb 17
Revenues Not Telling The Story For Union Properties Public Joint Stock Company (DFM:UPP)

We Wouldn't Rely On Union Properties' (DFM:UPP) Statutory Earnings As A Guide

Feb 09
We Wouldn't Rely On Union Properties' (DFM:UPP) Statutory Earnings As A Guide

Financial Position Analysis

Short Term Liabilities: UPP's short term assets (AED1.1B) exceed its short term liabilities (AED806.9M).

Long Term Liabilities: UPP's short term assets (AED1.1B) exceed its long term liabilities (AED406.7M).


Debt to Equity History and Analysis

Debt Level: UPP's net debt to equity ratio (21%) is considered satisfactory.

Reducing Debt: UPP's debt to equity ratio has reduced from 61.5% to 24.9% over the past 5 years.

Debt Coverage: UPP's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: UPP's interest payments on its debt are not well covered by EBIT (0.5x coverage).


Balance Sheet


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