Gulf Navigation Holding PJSC Balance Sheet Health
Financial Health criteria checks 4/6
Gulf Navigation Holding PJSC has a total shareholder equity of AED595.6M and total debt of AED300.0M, which brings its debt-to-equity ratio to 50.4%. Its total assets and total liabilities are AED1.0B and AED406.7M respectively.
Key information
50.4%
Debt to equity ratio
د.إ300.03m
Debt
| Interest coverage ratio | n/a |
| Cash | د.إ310.44m |
| Equity | د.إ595.64m |
| Total liabilities | د.إ406.70m |
| Total assets | د.إ1.00b |
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 (AED342.7M) exceed its short term liabilities (AED311.3M).
Long Term Liabilities: GULFNAV's short term assets (AED342.7M) exceed its long term liabilities (AED95.4M).
Debt to Equity History and Analysis
Debt Level: GULFNAV has more cash than its total debt.
Reducing Debt: GULFNAV's debt to equity ratio has reduced from 60.6% to 50.4% over the past 5 years.
Debt Coverage: GULFNAV's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if GULFNAV's interest payments on its debt are well covered by EBIT.