Dubai Electricity and Water Authority (PJSC) Balance Sheet Health
Financial Health criteria checks 3/6
Dubai Electricity and Water Authority (PJSC) has a total shareholder equity of AED92.7B and total debt of AED38.9B, which brings its debt-to-equity ratio to 42%. Its total assets and total liabilities are AED181.2B and AED88.5B respectively. Dubai Electricity and Water Authority (PJSC)'s EBIT is AED8.4B making its interest coverage ratio 7. It has cash and short-term investments of AED13.5B.
Key information
42.0%
Debt to equity ratio
د.إ38.89b
Debt
| Interest coverage ratio | 7x |
| Cash | د.إ13.48b |
| Equity | د.إ92.70b |
| Total liabilities | د.إ88.46b |
| Total assets | د.إ181.16b |
Recent financial health updates
No updates
Recent updates
Returns At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Appear To Be Weighed Down
Jan 06
Calculating The Fair Value Of Dubai Electricity and Water Authority (PJSC) (DFM:DEWA)
Aug 01Slowing Rates Of Return At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Leave Little Room For Excitement
May 22Shareholders Can Be Confident That Dubai Electricity and Water Authority (PJSC)'s (DFM:DEWA) Earnings Are High Quality
Aug 19Financial Position Analysis
Short Term Liabilities: DEWA's short term assets (AED18.9B) do not cover its short term liabilities (AED26.5B).
Long Term Liabilities: DEWA's short term assets (AED18.9B) do not cover its long term liabilities (AED62.0B).
Debt to Equity History and Analysis
Debt Level: DEWA's net debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: DEWA's debt to equity ratio has increased from 12.9% to 42% over the past 5 years.
Debt Coverage: DEWA's debt is well covered by operating cash flow (41.4%).
Interest Coverage: DEWA's interest payments on its debt are well covered by EBIT (7x coverage).