SPACE42 Balance Sheet Health
Financial Health criteria checks 6/6
SPACE42 has a total shareholder equity of AED1.4B and total debt of AED0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are AED1.9B and AED502.9M respectively. SPACE42's EBIT is AED167.1M making its interest coverage ratio -6.1. It has cash and short-term investments of AED473.8M.
Key information
0%
Debt to equity ratio
د.إ0
Debt
| Interest coverage ratio | -6.1x |
| Cash | د.إ473.84m |
| Equity | د.إ1.38b |
| Total liabilities | د.إ502.94m |
| Total assets | د.إ1.88b |
Recent financial health updates
No updates
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Mar 28Financial Position Analysis
Short Term Liabilities: SPACE42's short term assets (AED1.6B) exceed its short term liabilities (AED488.5M).
Long Term Liabilities: SPACE42's short term assets (AED1.6B) exceed its long term liabilities (AED14.5M).
Debt to Equity History and Analysis
Debt Level: SPACE42 is debt free.
Reducing Debt: SPACE42 had no debt 5 years ago.
Debt Coverage: SPACE42 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SPACE42 has no debt, therefore coverage of interest payments is not a concern.