Abu Dhabi Aviation Balance Sheet Health
Financial Health criteria checks 6/6
Abu Dhabi Aviation has a total shareholder equity of AED4.5B and total debt of AED644.4M, which brings its debt-to-equity ratio to 14.4%. Its total assets and total liabilities are AED6.0B and AED1.6B respectively. Abu Dhabi Aviation's EBIT is AED459.2M making its interest coverage ratio 14.8. It has cash and short-term investments of AED695.5M.
Key information
14.4%
Debt to equity ratio
د.إ644.45m
Debt
| Interest coverage ratio | 14.8x |
| Cash | د.إ695.53m |
| Equity | د.إ4.46b |
| Total liabilities | د.إ1.58b |
| Total assets | د.إ6.05b |
Recent financial health updates
No updates
Recent updates
Abu Dhabi Aviation (ADX:ADAVIATION) Has Some Way To Go To Become A Multi-Bagger
Nov 16
Capital Allocation Trends At Abu Dhabi Aviation (ADX:ADAVIATION) Aren't Ideal
Aug 17Returns On Capital Signal Difficult Times Ahead For Abu Dhabi Aviation (ADX:ADAVIATION)
Mar 29Did You Participate In Any Of Abu Dhabi Aviation's (ADX:ADAVIATION) Respectable 72% Return?
Feb 22Are Abu Dhabi Aviation's (ADX:ADAVIATION) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 30Read This Before Buying Abu Dhabi Aviation (ADX:ADAVIATION) For Its Dividend
Jan 05
Is Abu Dhabi Aviation (ADX:ADAVIATION) Struggling?
Dec 13Did You Participate In Any Of Abu Dhabi Aviation's (ADX:ADAVIATION) Respectable 43% Return?
Nov 22Financial Position Analysis
Short Term Liabilities: ADAVIATION's short term assets (AED2.7B) exceed its short term liabilities (AED807.2M).
Long Term Liabilities: ADAVIATION's short term assets (AED2.7B) exceed its long term liabilities (AED774.5M).
Debt to Equity History and Analysis
Debt Level: ADAVIATION has more cash than its total debt.
Reducing Debt: ADAVIATION's debt to equity ratio has reduced from 26.6% to 14.4% over the past 5 years.
Debt Coverage: ADAVIATION's debt is well covered by operating cash flow (50.5%).
Interest Coverage: ADAVIATION's interest payments on its debt are well covered by EBIT (14.8x coverage).