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 AED103.7B and total debt of AED61.2B, which brings its debt-to-equity ratio to 59%. Its total assets and total liabilities are AED213.0B and AED109.3B respectively. Abu Dhabi National Energy Company PJSC's EBIT is AED10.2B making its interest coverage ratio 6.8. It has cash and short-term investments of AED8.1B.
Key information
59.0%
Debt to equity ratio
د.إ61.17b
Debt
| Interest coverage ratio | 6.8x |
| Cash | د.إ8.13b |
| Equity | د.إ103.66b |
| Total liabilities | د.إ109.35b |
| Total assets | د.إ213.00b |
Recent financial health updates
No updates
Recent updates
We Like These Underlying Return On Capital Trends At Abu Dhabi National Energy Company PJSC (ADX:TAQA)
Dec 21
Abu Dhabi National Energy Company PJSC (ADX:TAQA) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable
Oct 01Returns Are Gaining Momentum At Abu Dhabi National Energy Company PJSC (ADX:TAQA)
Sep 20Investors Interested In Abu Dhabi National Energy Company PJSC's (ADX:TAQA) Earnings
Jul 31There's Been No Shortage Of Growth Recently For Abu Dhabi National Energy Company PJSC's (ADX:TAQA) Returns On Capital
May 22Some Shareholders Feeling Restless Over Abu Dhabi National Energy Company PJSC's (ADX:TAQA) P/E Ratio
Apr 16Returns Are Gaining Momentum At Abu Dhabi National Energy Company PJSC (ADX:TAQA)
Jan 25Financial Position Analysis
Short Term Liabilities: TAQA's short term assets (AED25.7B) do not cover its short term liabilities (AED37.1B).
Long Term Liabilities: TAQA's short term assets (AED25.7B) do not cover its long term liabilities (AED72.2B).
Debt to Equity History and Analysis
Debt Level: TAQA's net debt to equity ratio (51.2%) 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 (28.6%).
Interest Coverage: TAQA's interest payments on its debt are well covered by EBIT (6.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 01:07 |
| End of Day Share Price | 2024/12/20 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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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
Abu Dhabi National Energy Company PJSC is covered by 4 analysts. 1 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 |
|---|---|
| Salma Kharbachi | AlphaMena |
| Ahmed Maher | EFG-Hermes Research |
| Ayisha Zia | U Capital |