Air Arabia PJSC Balance Sheet Health
Financial Health criteria checks 5/6
Air Arabia PJSC has a total shareholder equity of AED7.5B and total debt of AED125.7M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are AED14.7B and AED7.1B respectively. Air Arabia PJSC's EBIT is AED1.2B making its interest coverage ratio -11.5. It has cash and short-term investments of AED5.2B.
Key information
1.7%
Debt to equity ratio
د.إ125.69m
Debt
Interest coverage ratio | -11.5x |
Cash | د.إ5.25b |
Equity | د.إ7.54b |
Total liabilities | د.إ7.14b |
Total assets | د.إ14.67b |
Recent financial health updates
No updates
Recent updates
We Think Air Arabia PJSC's (DFM:AIRARABIA) Robust Earnings Are Conservative
Feb 20If EPS Growth Is Important To You, Air Arabia PJSC (DFM:AIRARABIA) Presents An Opportunity
Feb 03Earnings Working Against Air Arabia PJSC's (DFM:AIRARABIA) Share Price
Jan 16The Return Trends At Air Arabia PJSC (DFM:AIRARABIA) Look Promising
Nov 09Is Now The Time To Put Air Arabia PJSC (DFM:AIRARABIA) On Your Watchlist?
Oct 04Air Arabia PJSC's (DFM:AIRARABIA) Returns On Capital Are Heading Higher
Jul 31Estimating The Fair Value Of Air Arabia PJSC (DFM:AIRARABIA)
Jun 29Should You Be Adding Air Arabia PJSC (DFM:AIRARABIA) To Your Watchlist Today?
Jun 08We Like These Underlying Return On Capital Trends At Air Arabia PJSC (DFM:AIRARABIA)
Apr 30If EPS Growth Is Important To You, Air Arabia PJSC (DFM:AIRARABIA) Presents An Opportunity
Mar 02Air Arabia PJSC's (DFM:AIRARABIA) Business And Shares Still Trailing The Market
Dec 06The Return Trends At Air Arabia PJSC (DFM:AIRARABIA) Look Promising
Aug 12An Intrinsic Calculation For Air Arabia PJSC (DFM:AIRARABIA) Suggests It's 43% Undervalued
Jun 09Returns Are Gaining Momentum At Air Arabia PJSC (DFM:AIRARABIA)
Apr 28Is It Too Late To Consider Buying Air Arabia PJSC (DFM:AIRARABIA)?
Apr 07Analyst Forecasts For Air Arabia PJSC (DFM:AIRARABIA) Are Surging Higher
Feb 20Why Air Arabia PJSC (DFM:AIRARABIA) Could Be Worth Watching
Jan 03Air Arabia PJSC (DFM:AIRARABIA) May Have Issues Allocating Its Capital
Dec 13Be Wary Of Air Arabia PJSC (DFM:AIRARABIA) And Its Returns On Capital
Sep 13Analysts Just Slashed Their Air Arabia PJSC (DFM:AIRARABIA) EPS Numbers
Aug 16These Analysts Think Air Arabia PJSC's (DFM:AIRARABIA) Sales Are Under Threat
May 29Is Air Arabia PJSC (DFM:AIRARABIA) At Risk Of Cutting Its Dividend?
May 04Rainbows and Unicorns: Air Arabia PJSC (DFM:AIRARABIA) Analysts Just Became A Lot More Optimistic
Mar 03Analysts Just Made A Major Revision To Their Air Arabia PJSC (DFM:AIRARABIA) Revenue Forecasts
Feb 17What You Need To Know About Air Arabia PJSC's (DFM:AIRARABIA) Investor Composition
Feb 11Tread With Caution Around Air Arabia PJSC's (DFM:AIRARABIA) 6.9% Dividend Yield
Jan 06Financial Position Analysis
Short Term Liabilities: AIRARABIA's short term assets (AED6.2B) exceed its short term liabilities (AED4.1B).
Long Term Liabilities: AIRARABIA's short term assets (AED6.2B) exceed its long term liabilities (AED3.1B).
Debt to Equity History and Analysis
Debt Level: AIRARABIA has more cash than its total debt.
Reducing Debt: AIRARABIA's debt to equity ratio has increased from 0.5% to 1.7% over the past 5 years.
Debt Coverage: AIRARABIA's debt is well covered by operating cash flow (1871.9%).
Interest Coverage: AIRARABIA earns more interest than it pays, so coverage of interest payments is not a concern.