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 04Calculating The Fair Value Of Emirates Central Cooling Systems Corporation (DFM:EMPOWER)
Jun 06Emirates Central Cooling Systems (DFM:EMPOWER) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Feb 20Financial 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).