Abu Dhabi Ports Company PJSC Balance Sheet Health
Financial Health criteria checks 1/6
Abu Dhabi Ports Company PJSC has a total shareholder equity of AED24.3B and total debt of AED17.5B, which brings its debt-to-equity ratio to 72%. Its total assets and total liabilities are AED55.6B and AED31.3B respectively. Abu Dhabi Ports Company PJSC's EBIT is AED1.5B making its interest coverage ratio 2.4. It has cash and short-term investments of AED3.4B.
Key information
72.0%
Debt to equity ratio
د.إ17.51b
Debt
| Interest coverage ratio | 2.4x |
| Cash | د.إ3.35b |
| Equity | د.إ24.31b |
| Total liabilities | د.إ31.30b |
| Total assets | د.إ55.61b |
Recent financial health updates
No updates
Recent updates
Abu Dhabi Ports Company PJSC's (ADX:ADPORTS) Problems Go Beyond Weak Profit
Mar 19
Abu Dhabi Ports Company PJSC (ADX:ADPORTS) Is Doing The Right Things To Multiply Its Share Price
Feb 16Returns On Capital At Abu Dhabi Ports Company PJSC (ADX:ADPORTS) Have Stalled
Sep 29Need To Know: Analysts Are Much More Bullish On Abu Dhabi Ports Company PJSC (ADX:ADPORTS) Revenues
Jul 11Revenue Beat: Abu Dhabi Ports Company PJSC Beat Analyst Estimates By 15%
May 18Returns On Capital At Abu Dhabi Ports Company PJSC (ADX:ADPORTS) Have Hit The Brakes
May 16Bearish: Analysts Just Cut Their Abu Dhabi Ports Company PJSC (ADX:ADPORTS) Revenue and EPS estimates
Feb 23Returns At Abu Dhabi Ports Company PJSC (ADX:ADPORTS) Appear To Be Weighed Down
Feb 08Abu Dhabi Ports Company PJSC's (ADX:ADPORTS) Share Price Could Signal Some Risk
Jan 09Abu Dhabi Ports Company PJSC (ADX:ADPORTS) Shares Could Be 45% Below Their Intrinsic Value Estimate
Oct 12Abu Dhabi Ports Company PJSC's (ADX:ADPORTS) Promising Earnings May Rest On Soft Foundations
Aug 20Are Abu Dhabi Ports Company PJSC (ADX:ADPORTS) Investors Paying Above The Intrinsic Value?
Jul 02Financial Position Analysis
Short Term Liabilities: ADPORTS's short term assets (AED9.9B) exceed its short term liabilities (AED5.8B).
Long Term Liabilities: ADPORTS's short term assets (AED9.9B) do not cover its long term liabilities (AED25.5B).
Debt to Equity History and Analysis
Debt Level: ADPORTS's net debt to equity ratio (58.2%) is considered high.
Reducing Debt: ADPORTS's debt to equity ratio has increased from 17.1% to 72% over the past 5 years.
Debt Coverage: ADPORTS's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: ADPORTS's interest payments on its debt are not well covered by EBIT (2.4x coverage).