Salik Company P.J.S.C Balance Sheet Health
Financial Health criteria checks 3/6
Salik Company P.J.S.C has a total shareholder equity of AED657.3M and total debt of AED4.0B, which brings its debt-to-equity ratio to 607.1%. Its total assets and total liabilities are AED5.3B and AED4.6B respectively. Salik Company P.J.S.C's EBIT is AED1.4B making its interest coverage ratio 6.7. It has cash and short-term investments of AED1.1B.
Key information
607.1%
Debt to equity ratio
د.إ3.99b
Debt
| Interest coverage ratio | 6.7x |
| Cash | د.إ1.05b |
| Equity | د.إ657.28m |
| Total liabilities | د.إ4.60b |
| Total assets | د.إ5.25b |
Recent financial health updates
No updates
Recent updates
Returns On Capital Signal Difficult Times Ahead For Salik Company P.J.S.C (DFM:SALIK)
Oct 06
The Salik Company P.J.S.C. (DFM:SALIK) Yearly Results Are Out And Analysts Have Published New Forecasts
Mar 06Returns On Capital At Salik Company PJSC (DFM:SALIK) Have Hit The Brakes
Jan 08Salik Company PJSC (DFM:SALIK) Could Be Struggling To Allocate Capital
Sep 29Estimating The Fair Value Of Salik Company PJSC (DFM:SALIK)
Dec 30Financial Position Analysis
Short Term Liabilities: SALIK's short term assets (AED1.4B) exceed its short term liabilities (AED537.1M).
Long Term Liabilities: SALIK's short term assets (AED1.4B) do not cover its long term liabilities (AED4.1B).
Debt to Equity History and Analysis
Debt Level: SALIK's net debt to equity ratio (447%) is considered high.
Reducing Debt: Insufficient data to determine if SALIK's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SALIK's debt is well covered by operating cash flow (36.6%).
Interest Coverage: SALIK's interest payments on its debt are well covered by EBIT (6.7x coverage).