Dubai Taxi Company P.J.S.C Balance Sheet Health
Financial Health criteria checks 2/6
Dubai Taxi Company P.J.S.C has a total shareholder equity of AED369.9M and total debt of AED997.8M, which brings its debt-to-equity ratio to 269.8%. Its total assets and total liabilities are AED2.5B and AED2.1B respectively. Dubai Taxi Company P.J.S.C's EBIT is AED381.8M making its interest coverage ratio 8.9. It has cash and short-term investments of AED470.8M.
Key information
269.78%
Debt to equity ratio
د.إ997.80m
Debt
| Interest coverage ratio | 8.9x |
| Cash | د.إ470.77m |
| Equity | د.إ369.86m |
| Total liabilities | د.إ2.13b |
| Total assets | د.إ2.50b |
Recent financial health updates
No updates
Recent updates
Earnings Troubles May Signal Larger Issues for Dubai Taxi Company P.J.S.C (DFM:DTC) Shareholders
May 15
Dubai Taxi Company P.J.S.C. Just Missed Earnings - But Analysts Have Updated Their Models
May 11Dubai Taxi Company P.J.S.C (DFM:DTC) Is Reinvesting At Lower Rates Of Return
Apr 18Dubai Taxi Company P.J.S.C. Just Missed Earnings - But Analysts Have Updated Their Models
Feb 22Dubai Taxi Company P.J.S.C (DFM:DTC) Knows How To Allocate Capital Effectively
Jan 08We Think That There Are More Issues For Dubai Taxi Company P.J.S.C (DFM:DTC) Than Just Sluggish Earnings
Nov 13Dubai Taxi Company P.J.S.C's (DFM:DTC) Solid Profits Have Weak Fundamentals
Mar 12Financial Position Analysis
Short Term Liabilities: DTC's short term assets (AED779.2M) do not cover its short term liabilities (AED906.8M).
Long Term Liabilities: DTC's short term assets (AED779.2M) do not cover its long term liabilities (AED1.2B).
Debt to Equity History and Analysis
Debt Level: DTC's net debt to equity ratio (142.5%) is considered high.
Reducing Debt: DTC's debt to equity ratio has increased from 0% to 269.8% over the past 5 years.
Debt Coverage: DTC's debt is well covered by operating cash flow (74.4%).
Interest Coverage: DTC's interest payments on its debt are well covered by EBIT (8.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/16 10:37 |
| End of Day Share Price | 2025/05/16 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Dubai Taxi Company P.J.S.C. is covered by 9 analysts. 5 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 |
|---|---|
| Toka Elwazery | Arqaam Capital Research Offshore S.A.L. |
| Ali Afifi | Arqaam Capital Research Offshore S.A.L. |
| Ilya Ogorodnikov | BofA Global Research |