Gulf Navigation Holding PJSC Balance Sheet Health
Financial Health criteria checks 4/6
Gulf Navigation Holding PJSC has a total shareholder equity of AED548.7M and total debt of AED313.8M, which brings its debt-to-equity ratio to 57.2%. Its total assets and total liabilities are AED999.4M and AED450.6M respectively.
Key information
57.2%
Debt to equity ratio
د.إ313.81m
Debt
Interest coverage ratio | n/a |
Cash | د.إ287.15m |
Equity | د.إ548.70m |
Total liabilities | د.إ450.65m |
Total assets | د.إ999.35m |
Recent financial health updates
No updates
Recent updates
Gulf Navigation Holding PJSC's (DFM:GULFNAV) Earnings Are Built On Soft Foundations
Apr 07Why 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 (AED324.0M) do not cover its short term liabilities (AED363.2M).
Long Term Liabilities: GULFNAV's short term assets (AED324.0M) exceed its long term liabilities (AED87.5M).
Debt to Equity History and Analysis
Debt Level: GULFNAV's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: GULFNAV's debt to equity ratio has increased from 44.3% to 57.2% 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: GULFNAV has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 26.7% each year