Dubai Electricity and Water Authority (PJSC)

DFM:DEWA Stock Report

Market Cap: د.إ133.5b

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 AED96.0B and total debt of AED36.8B, which brings its debt-to-equity ratio to 38.3%. Its total assets and total liabilities are AED193.8B and AED97.8B respectively. Dubai Electricity and Water Authority (PJSC)'s EBIT is AED10.4B making its interest coverage ratio 7.1. It has cash and short-term investments of AED17.2B.

Key information

38.32%

Debt to equity ratio

د.إ36.80b

Debt

Interest coverage ratio7.1x
Cashد.إ17.19b
Equityد.إ96.03b
Total liabilitiesد.إ97.77b
Total assetsد.إ193.80b

Recent financial health updates

No updates

Recent updates

Results: Dubai Electricity and Water Authority (PJSC) Exceeded Expectations And The Consensus Has Updated Its Estimates

Nov 15
Results: Dubai Electricity and Water Authority (PJSC) Exceeded Expectations And The Consensus Has Updated Its Estimates

There's Reason For Concern Over Dubai Electricity and Water Authority (PJSC)'s (DFM:DEWA) Price

Nov 07
There's Reason For Concern Over Dubai Electricity and Water Authority (PJSC)'s (DFM:DEWA) Price

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

Sep 03
Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Has Announced A Dividend Of AED0.062

Dubai Electricity and Water Authority (PJSC) Just Beat Revenue Estimates By 5.4%

Aug 12
Dubai Electricity and Water Authority (PJSC) Just Beat Revenue Estimates By 5.4%

Some Confidence Is Lacking In Dubai Electricity and Water Authority (PJSC)'s (DFM:DEWA) P/E

Jul 08
Some Confidence Is Lacking In Dubai Electricity and Water Authority (PJSC)'s (DFM:DEWA) P/E

The Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) First-Quarter Results Are Out And Analysts Have Published New Forecasts

May 16
The Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) First-Quarter Results Are Out And Analysts Have Published New Forecasts

Return Trends At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Aren't Appealing

Apr 22
Return Trends At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Aren't Appealing

Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Investors Are Less Pessimistic Than Expected

Feb 03
Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Investors Are Less Pessimistic Than Expected

Return Trends At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Aren't Appealing

Jan 08
Return Trends At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Aren't Appealing

Financial Position Analysis

Short Term Liabilities: DEWA's short term assets (AED24.2B) do not cover its short term liabilities (AED30.2B).

Long Term Liabilities: DEWA's short term assets (AED24.2B) do not cover its long term liabilities (AED67.6B).

Debt to Equity History and Analysis

Debt Level: DEWA's net debt to equity ratio (20.4%) is considered satisfactory.

Reducing Debt: DEWA's debt to equity ratio has increased from 24.2% to 38.3% over the past 5 years.

Debt Coverage: DEWA's debt is well covered by operating cash flow (57.2%).

Interest Coverage: DEWA'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

DataLast Updated (UTC time)
Company Analysis2025/11/19 17:47
End of Day Share Price 2025/11/19 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

Dubai Electricity and Water Authority (PJSC) is covered by 13 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.

AnalystInstitution
Nour SherifArqaam Capital Research Offshore S.A.L.
Soha SaniourArqaam Capital Research Offshore S.A.L.
Abhishek KumarBofA Global Research