Emirates Central Cooling Systems Balance Sheet Health
Financial Health criteria checks 3/6
Emirates Central Cooling Systems has a total shareholder equity of AED3.1B and total debt of AED5.5B, which brings its debt-to-equity ratio to 176.3%. Its total assets and total liabilities are AED11.5B and AED8.4B respectively. Emirates Central Cooling Systems's EBIT is AED1.1B making its interest coverage ratio 7.9. It has cash and short-term investments of AED2.0B.
Key information
176.3%
Debt to equity ratio
د.إ5.50b
Debt
| Interest coverage ratio | 7.9x |
| Cash | د.إ2.01b |
| Equity | د.إ3.12b |
| Total liabilities | د.إ8.36b |
| Total assets | د.إ11.48b |
Recent financial health updates
No updates
Recent updates
Some Investors May Be Worried About Emirates Central Cooling Systems' (DFM:EMPOWER) Returns On Capital
Sep 14
Emirates Central Cooling Systems Corporation Just Missed Earnings - But Analysts Have Updated Their Models
May 08Investors Could Be Concerned With Emirates Central Cooling Systems' (DFM:EMPOWER) Returns On Capital
May 02Investors Met With Slowing Returns on Capital At Emirates Central Cooling Systems (DFM:EMPOWER)
Jan 04Financial Position Analysis
Short Term Liabilities: EMPOWER's short term assets (AED2.6B) exceed its short term liabilities (AED2.5B).
Long Term Liabilities: EMPOWER's short term assets (AED2.6B) do not cover its long term liabilities (AED5.9B).
Debt to Equity History and Analysis
Debt Level: EMPOWER's net debt to equity ratio (112%) is considered high.
Reducing Debt: Insufficient data to determine if EMPOWER's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: EMPOWER's debt is well covered by operating cash flow (30.8%).
Interest Coverage: EMPOWER's interest payments on its debt are well covered by EBIT (7.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 08:48 |
| End of Day Share Price | 2024/12/24 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
Emirates Central Cooling Systems Corporation is covered by 11 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.
| Analyst | Institution |
|---|---|
| Shadab Ashfaq | Al Ramz Capital LLC |
| Passant Mohamed | Arqaam Capital Research Offshore S.A.L. |
| Soha Saniour | Arqaam Capital Research Offshore S.A.L. |