Gulf Navigation Holding PJSC Balance Sheet Health
Financial Health criteria checks 3/6
Gulf Navigation Holding PJSC has a total shareholder equity of AED424.2M and total debt of AED299.2M, which brings its debt-to-equity ratio to 70.5%. Its total assets and total liabilities are AED995.5M and AED571.3M respectively.
Key information
70.5%
Debt to equity ratio
د.إ299.19m
Debt
| Interest coverage ratio | n/a |
| Cash | د.إ230.99m |
| Equity | د.إ424.16m |
| Total liabilities | د.إ571.35m |
| Total assets | د.إ995.50m |
Recent financial health updates
No updates
Recent updates
Gulf Navigation Holding PJSC's (DFM:GULFNAV) Earnings Are Built On Soft Foundations
Apr 07
Why Investors Shouldn't Be Surprised By Gulf Navigation Holding PJSC's (DFM:GULFNAV) 33% Share Price Surge
Apr 18Gulf Navigation Holding PJSC (DFM:GULFNAV) Hasn't Managed To Accelerate Its Returns
Apr 12Gulf Navigation Holding PJSC's (DFM:GULFNAV) Solid Earnings May Rest On Weak Foundations
Apr 08How Much Did Gulf Navigation Holding PJSC's(DFM:GULFNAV) Shareholders Earn From Share Price Movements Over The Last Three Years?
Feb 23Financial Position Analysis
Short Term Liabilities: GULFNAV's short term assets (AED285.1M) do not cover its short term liabilities (AED492.4M).
Long Term Liabilities: GULFNAV's short term assets (AED285.1M) exceed its long term liabilities (AED78.9M).
Debt to Equity History and Analysis
Debt Level: GULFNAV's net debt to equity ratio (16.1%) is considered satisfactory.
Reducing Debt: GULFNAV's debt to equity ratio has increased from 50.5% to 70.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: GULFNAV has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GULFNAV has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/04 10:27 |
| End of Day Share Price | 2025/01/03 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| 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
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 .
Analyst Sources
Gulf Navigation Holding PJSC is covered by 3 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 |
|---|---|
| Redwan Ahmed | EFG-Hermes Research |
| null RESEARCH DEPARTMENT | Prime Research |
| Kareem Z. Murad | SHUAA Capital p.s.c. |