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 AED8.5B making its interest coverage ratio 6.1. It has cash and short-term investments of AED14.4B.
Key information
42.7%
Debt to equity ratio
د.إ39.17b
Debt
| Interest coverage ratio | 6.1x |
| Cash | د.إ14.37b |
| Equity | د.إ91.63b |
| Total liabilities | د.إ94.40b |
| Total assets | د.إ186.03b |
Recent financial health updates
No updates
Recent updates
Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates
Nov 15
Investors Met With Slowing Returns on Capital At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA)
Oct 09Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Is Paying Out A Dividend Of AED0.062
Aug 26Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Has Affirmed Its Dividend Of AED0.062
Aug 12Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Has Some Way To Go To Become A Multi-Bagger
May 07Returns At Dubai Electricity and Water Authority (PJSC) (DFM:DEWA) Appear To Be Weighed Down
Jan 06Financial 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 (27.1%) 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 (6.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 18:10 |
| End of Day Share Price | 2024/12/31 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
Dubai Electricity and Water Authority (PJSC) is covered by 15 analysts. 8 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 |
|---|---|
| Shadab Ashfaq | Al Ramz Capital LLC |
| Soha Saniour | Arqaam Capital Research Offshore S.A.L. |
| Mark Adeeb | CI Capital Research |