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.