Abu Dhabi National Oil Company for Distribution PJSC Balance Sheet Health
Financial Health criteria checks 5/6
Abu Dhabi National Oil Company for Distribution PJSC has a total shareholder equity of AED3.8B and total debt of AED5.5B, which brings its debt-to-equity ratio to 144.7%. Its total assets and total liabilities are AED18.9B and AED15.1B respectively. Abu Dhabi National Oil Company for Distribution PJSC's EBIT is AED3.0B making its interest coverage ratio 8.9. It has cash and short-term investments of AED3.2B.
Key information
144.7%
Debt to equity ratio
د.إ5.49b
Debt
| Interest coverage ratio | 8.9x |
| Cash | د.إ3.19b |
| Equity | د.إ3.80b |
| Total liabilities | د.إ15.10b |
| Total assets | د.إ18.89b |
Recent financial health updates
No updates
Recent updates
There May Be Some Bright Spots In Abu Dhabi National Oil Company for Distribution PJSC's (ADX:ADNOCDIST) Earnings
Feb 14
Earnings Beat: Abu Dhabi National Oil Company for Distribution PJSC Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Feb 10Shareholders Should Be Pleased With Abu Dhabi National Oil Company for Distribution PJSC's (ADX:ADNOCDIST) Price
Jan 26Abu Dhabi National Oil Company for Distribution PJSC's (ADX:ADNOCDIST) Returns Have Hit A Wall
Dec 22Investors Met With Slowing Returns on Capital At Abu Dhabi National Oil Company for Distribution PJSC (ADX:ADNOCDIST)
Sep 10Calculating The Intrinsic Value Of Abu Dhabi National Oil Company for Distribution PJSC (ADX:ADNOCDIST)
Jul 05Abu Dhabi National Oil Company for Distribution PJSC (ADX:ADNOCDIST) Is Achieving High Returns On Its Capital
Jun 09We Think Abu Dhabi National Oil Company for Distribution PJSC (ADX:ADNOCDIST) Might Have The DNA Of A Multi-Bagger
Feb 15Analysts Are Betting On Abu Dhabi National Oil Company for Distribution PJSC (ADX:ADNOCDIST) With A Big Upgrade This Week
Feb 15Estimating The Intrinsic Value Of Abu Dhabi National Oil Company for Distribution PJSC (ADX:ADNOCDIST)
Nov 06Abu Dhabi National Oil Company for Distribution PJSC (ADX:ADNOCDIST) Is Due To Pay A Dividend Of AED0.1029
Oct 01Industry Analysts Just Upgraded Their Abu Dhabi National Oil Company for Distribution PJSC (ADX:ADNOCDIST) Revenue Forecasts By 18%
Aug 14A Look At The Intrinsic Value Of Abu Dhabi National Oil Company for Distribution PJSC (ADX:ADNOCDIST)
Jun 25Estimating The Intrinsic Value Of Abu Dhabi National Oil Company for Distribution PJSC (ADX:ADNOCDIST)
Mar 27Why The 30% Return On Capital At Abu Dhabi National Oil Company for Distribution PJSC (ADX:ADNOCDIST) Should Have Your Attention
Dec 04Abu Dhabi National Oil Company for Distribution PJSC (ADX:ADNOCDIST) Will Pay A Dividend Of د.إ0.10
Oct 04Shareholders Would Enjoy A Repeat Of Abu Dhabi National Oil Company for Distribution PJSC's (ADX:ADNOCDIST) Recent Growth In Returns
Aug 16Analyst Forecasts Just Became More Bearish On Abu Dhabi National Oil Company for Distribution PJSC (ADX:ADNOCDIST)
May 15Returns on Capital Paint A Bright Future For Abu Dhabi National Oil Company for Distribution PJSC (ADX:ADNOCDIST)
Apr 30How Does Abu Dhabi National Oil Company for Distribution PJSC (ADX:ADNOCDIST) Fare As A Dividend Stock?
Mar 29Should You Be Excited About Abu Dhabi National Oil Company for Distribution PJSC's (ADX:ADNOCDIST) 70% Return On Equity?
Mar 06Did You Participate In Any Of Abu Dhabi National Oil Company for Distribution PJSC's (ADX:ADNOCDIST) Respectable 76% Return?
Feb 13
These Trends Paint A Bright Future For Abu Dhabi National Oil Company for Distribution PJSC (ADX:ADNOCDIST)
Jan 26Here's Why We Don't Think Abu Dhabi National Oil Company for Distribution PJSC's (ADX:ADNOCDIST) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 07Should You Buy Abu Dhabi National Oil Company for Distribution PJSC (ADX:ADNOCDIST) For Its Dividend?
Dec 21Boasting A 75% Return On Equity, Is Abu Dhabi National Oil Company for Distribution PJSC (ADX:ADNOCDIST) A Top Quality Stock?
Dec 02Financial Position Analysis
Short Term Liabilities: ADNOCDIST's short term assets (AED8.8B) exceed its short term liabilities (AED7.6B).
Long Term Liabilities: ADNOCDIST's short term assets (AED8.8B) exceed its long term liabilities (AED7.5B).
Debt to Equity History and Analysis
Debt Level: ADNOCDIST's net debt to equity ratio (60.5%) is considered high.
Reducing Debt: ADNOCDIST's debt to equity ratio has reduced from 153.4% to 144.7% over the past 5 years.
Debt Coverage: ADNOCDIST's debt is well covered by operating cash flow (92%).
Interest Coverage: ADNOCDIST's interest payments on its debt are well covered by EBIT (8.9x coverage).