Abu Dhabi National Energy Company PJSC Balance Sheet Health
Financial Health criteria checks 2/6
Abu Dhabi National Energy Company PJSC has a total shareholder equity of AED88.9B and total debt of AED61.7B, which brings its debt-to-equity ratio to 69.4%. Its total assets and total liabilities are AED194.0B and AED105.1B respectively. Abu Dhabi National Energy Company PJSC's EBIT is AED10.2B making its interest coverage ratio 4.9. It has cash and short-term investments of AED15.4B.
Key information
69.4%
Debt to equity ratio
د.إ61.70b
Debt
| Interest coverage ratio | 4.9x |
| Cash | د.إ15.39b |
| Equity | د.إ88.92b |
| Total liabilities | د.إ105.08b |
| Total assets | د.إ194.00b |
Recent financial health updates
No updates
Recent updates
Some Shareholders Feeling Restless Over Abu Dhabi National Energy Company PJSC's (ADX:TAQA) P/E Ratio
Apr 16
Returns Are Gaining Momentum At Abu Dhabi National Energy Company PJSC (ADX:TAQA)
Jan 25Abu Dhabi National Energy Company PJSC's (ADX:TAQA) Share Price Not Quite Adding Up
Dec 21Returns At Abu Dhabi National Energy Company PJSC (ADX:TAQA) Are On The Way Up
Sep 27Returns On Capital Are Showing Encouraging Signs At Abu Dhabi National Energy Company PJSC (ADX:TAQA)
Jun 08A Look At The Intrinsic Value Of Abu Dhabi National Energy Company PJSC (ADX:TAQA)
Apr 10Abu Dhabi National Energy Company PJSC (ADX:TAQA) Shareholders Will Want The ROCE Trajectory To Continue
Feb 15Abu Dhabi National Energy Company PJSC's (ADX:TAQA) Intrinsic Value Is Potentially 48% Above Its Share Price
Jan 04Abu Dhabi National Energy Company PJSC (ADX:TAQA) Is Experiencing Growth In Returns On Capital
Oct 11Abu Dhabi National Energy Company PJSC's (ADX:TAQA) Dividend Will Be AED0.006
Aug 13Returns On Capital Are Showing Encouraging Signs At Abu Dhabi National Energy Company PJSC (ADX:TAQA)
Jul 11Abu Dhabi National Energy Company PJSC's (ADX:TAQA) Intrinsic Value Is Potentially 66% Above Its Share Price
May 13Abu Dhabi National Energy Company PJSC (ADX:TAQA) Is Increasing Its Dividend To د.إ0.031
Mar 13Abu Dhabi National Energy Company PJSC (ADX:TAQA) Is Increasing Its Dividend To د.إ0.011
Feb 27Abu Dhabi National Energy Company PJSC (ADX:TAQA) Has Announced That It Will Be Increasing Its Dividend To د.إ0.011
Feb 13The Return Trends At Abu Dhabi National Energy Company PJSC (ADX:TAQA) Look Promising
Feb 07Returns On Capital At Abu Dhabi National Energy Company PJSC (ADX:TAQA) Have Stalled
Aug 24Abu Dhabi National Energy Company PJSC (ADX:TAQA) Strong Profits May Be Masking Some Underlying Issues
Feb 22Financial Position Analysis
Short Term Liabilities: TAQA's short term assets (AED27.9B) do not cover its short term liabilities (AED31.2B).
Long Term Liabilities: TAQA's short term assets (AED27.9B) do not cover its long term liabilities (AED73.8B).
Debt to Equity History and Analysis
Debt Level: TAQA's net debt to equity ratio (52.1%) is considered high.
Reducing Debt: Insufficient data to determine if TAQA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TAQA's debt is well covered by operating cash flow (32.6%).
Interest Coverage: TAQA's interest payments on its debt are well covered by EBIT (4.9x coverage).