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 AED389.8M and total debt of AED4.0B, which brings its debt-to-equity ratio to 1023.8%. Its total assets and total liabilities are AED5.1B and AED4.7B respectively. Salik Company P.J.S.C's EBIT is AED1.4B making its interest coverage ratio 7.1. It has cash and short-term investments of AED836.6M.
Key information
1,023.8%
Debt to equity ratio
د.إ3.99b
Debt
| Interest coverage ratio | 7.1x |
| Cash | د.إ836.57m |
| Equity | د.إ389.83m |
| Total liabilities | د.إ4.67b |
| Total assets | د.إ5.06b |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By Salik Company P.J.S.C.'s (DFM:SALIK) 28% Share Price Surge
Nov 26
Salik Company P.J.S.C. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Nov 18Returns On Capital Signal Difficult Times Ahead For Salik Company P.J.S.C (DFM:SALIK)
Oct 06The 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 08Financial Position Analysis
Short Term Liabilities: SALIK's short term assets (AED1.2B) exceed its short term liabilities (AED607.5M).
Long Term Liabilities: SALIK's short term assets (AED1.2B) do not cover its long term liabilities (AED4.1B).
Debt to Equity History and Analysis
Debt Level: SALIK's net debt to equity ratio (809.2%) 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 (36.8%).
Interest Coverage: SALIK's interest payments on its debt are well covered by EBIT (7.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 00:00 |
| End of Day Share Price | 2024/12/24 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| 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
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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
Salik Company P.J.S.C. is covered by 11 analysts. 9 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 |
|---|---|
| Shadab Ashfaq | Al Ramz Capital LLC |
| Ali Afifi | Arqaam Capital Research Offshore S.A.L. |
| Sashank Lanka | BofA Global Research |