Easy Lease Motor Cycle Rental P.S.C Balance Sheet Health
Financial Health criteria checks 4/6
Easy Lease Motor Cycle Rental P.S.C has a total shareholder equity of AED223.1M and total debt of AED183.0M, which brings its debt-to-equity ratio to 82%. Its total assets and total liabilities are AED527.7M and AED304.5M respectively. Easy Lease Motor Cycle Rental P.S.C's EBIT is AED41.9M making its interest coverage ratio 4.9. It has cash and short-term investments of AED99.2M.
Key information
82.0%
Debt to equity ratio
د.إ183.00m
Debt
| Interest coverage ratio | 4.9x |
| Cash | د.إ99.24m |
| Equity | د.إ223.14m |
| Total liabilities | د.إ304.51m |
| Total assets | د.إ527.65m |
Recent financial health updates
No updates
Recent updates
Easy Lease Motor Cycle Rental P.S.C (ADX:EASYLEASE) Could Be Struggling To Allocate Capital
Oct 22
What Easy Lease Motor Cycle Rental P.S.C.'s (ADX:EASYLEASE) P/E Is Not Telling You
Sep 13Weak Statutory Earnings May Not Tell The Whole Story For Easy Lease Motor Cycle Rental P.S.C (ADX:EASYLEASE)
Aug 03Easy Lease Motor Cycle Rental P.S.C (ADX:EASYLEASE) Could Be Struggling To Allocate Capital
Apr 24Why Easy Lease Motor Cycle Rental P.S.C's (ADX:EASYLEASE) Shaky Earnings Are Just The Beginning Of Its Problems
Feb 02Easy Lease Motor Cycle Rental P.S.C (ADX:EASYLEASE) May Have Issues Allocating Its Capital
Oct 26Easy Lease Motor Cycle Rental P.S.C's (ADX:EASYLEASE) Robust Earnings Might Be Weaker Than You Think
Jan 31There Are Reasons To Feel Uneasy About Easy Lease Motor Cycle Rental P.S.C's (ADX:EASYLEASE) Returns On Capital
Jan 16Financial Position Analysis
Short Term Liabilities: EASYLEASE's short term assets (AED222.3M) exceed its short term liabilities (AED163.7M).
Long Term Liabilities: EASYLEASE's short term assets (AED222.3M) exceed its long term liabilities (AED140.8M).
Debt to Equity History and Analysis
Debt Level: EASYLEASE's net debt to equity ratio (37.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if EASYLEASE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: EASYLEASE's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: EASYLEASE's interest payments on its debt are well covered by EBIT (4.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 21:29 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Easy Lease Motor Cycle Rental P.S.C. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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