Dubai Electricity and Water Authority (PJSC)

DFM:DEWA Stock Report

Market Cap: د.إ124.5b

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 AED91.6B and total debt of AED39.2B, which brings its debt-to-equity ratio to 42.7%. Its total assets and total liabilities are AED186.0B and AED94.4B respectively. Dubai Electricity and Water Authority (PJSC)'s EBIT is AED8.4B making its interest coverage ratio 5.1. It has cash and short-term investments of AED14.4B.

Key information

42.7%

Debt to equity ratio

د.إ39.15b

Debt

Interest coverage ratio5.1x
Cashد.إ14.37b
Equityد.إ91.63b
Total liabilitiesد.إ94.40b
Total assetsد.إ186.03b

Recent financial health updates

No updates

Recent updates

Investors Met With Slowing Returns on Capital At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA)

Oct 09
Investors Met With Slowing Returns on Capital At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA)

Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Is Paying Out A Dividend Of AED0.062

Aug 26
Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Is Paying Out A Dividend Of AED0.062

Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Has Affirmed Its Dividend Of AED0.062

Aug 12
Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Has Affirmed Its Dividend Of AED0.062

Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Has Some Way To Go To Become A Multi-Bagger

May 07
Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Has Some Way To Go To Become A Multi-Bagger

Returns At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Appear To Be Weighed Down

Jan 06
Returns At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Appear To Be Weighed Down

Calculating The Fair Value Of Dubai Electricity and Water Authority (PJSC) (DFM:DEWA)

Aug 01
Calculating The Fair Value Of Dubai Electricity and Water Authority (PJSC) (DFM:DEWA)

Slowing Rates Of Return At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Leave Little Room For Excitement

May 22
Slowing Rates Of Return At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Leave Little Room For Excitement

Shareholders Can Be Confident That Dubai Electricity and Water Authority (PJSC)'s (DFM:DEWA) Earnings Are High Quality

Aug 19
Shareholders Can Be Confident That Dubai Electricity and Water Authority (PJSC)'s (DFM:DEWA) Earnings Are High Quality

Financial Position Analysis

Short Term Liabilities: DEWA's short term assets (AED21.2B) do not cover its short term liabilities (AED32.9B).

Long Term Liabilities: DEWA's short term assets (AED21.2B) do not cover its long term liabilities (AED61.5B).

Debt to Equity History and Analysis

Debt Level: DEWA's net debt to equity ratio (27%) is considered satisfactory.

Reducing Debt: DEWA's debt to equity ratio has increased from 19.1% to 42.7% over the past 5 years.

Debt Coverage: DEWA's debt is well covered by operating cash flow (45.6%).

Interest Coverage: DEWA's interest payments on its debt are well covered by EBIT (5.1x coverage).

Balance Sheet

Discover healthy companies

7D

1Y

7D

1Y

7D

1Y