Dubai Taxi Company P.J.S.C.

DFM:DTC Stock Report

Market Cap: د.إ6.1b

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 ratio8.9x
Cashد.إ470.77m
Equityد.إ369.86m
Total liabilitiesد.إ2.13b
Total assetsد.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
Earnings Troubles May Signal Larger Issues for Dubai Taxi Company P.J.S.C (DFM:DTC) Shareholders

Dubai Taxi Company P.J.S.C. Just Missed Earnings - But Analysts Have Updated Their Models

May 11
Dubai Taxi Company P.J.S.C. Just Missed Earnings - But Analysts Have Updated Their Models

Dubai Taxi Company P.J.S.C (DFM:DTC) Is Reinvesting At Lower Rates Of Return

Apr 18
Dubai Taxi Company P.J.S.C (DFM:DTC) Is Reinvesting At Lower Rates Of Return

Dubai Taxi Company P.J.S.C. Just Missed Earnings - But Analysts Have Updated Their Models

Feb 22
Dubai Taxi Company P.J.S.C. Just Missed Earnings - But Analysts Have Updated Their Models

Dubai Taxi Company P.J.S.C (DFM:DTC) Knows How To Allocate Capital Effectively

Jan 08
Dubai Taxi Company P.J.S.C (DFM:DTC) Knows How To Allocate Capital Effectively

We Think That There Are More Issues For Dubai Taxi Company P.J.S.C (DFM:DTC) Than Just Sluggish Earnings

Nov 13
We Think That There Are More Issues For Dubai Taxi Company P.J.S.C (DFM:DTC) Than Just Sluggish Earnings

Dubai Taxi Company P.J.S.C's (DFM:DTC) Solid Profits Have Weak Fundamentals

Mar 12
Dubai Taxi Company P.J.S.C's (DFM:DTC) Solid Profits Have Weak Fundamentals

Financial 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

DataLast Updated (UTC time)
Company Analysis2025/05/22 01:30
End of Day Share Price 2025/05/22 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 10 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.

AnalystInstitution
Toka ElwazeryArqaam Capital Research Offshore S.A.L.
Ali AfifiArqaam Capital Research Offshore S.A.L.
Ilya OgorodnikovBofA Global Research