Emirates Central Cooling Systems Balance Sheet Health
Financial Health criteria checks 3/6
Emirates Central Cooling Systems has a total shareholder equity of AED3.4B and total debt of AED5.5B, which brings its debt-to-equity ratio to 163%. Its total assets and total liabilities are AED11.2B and AED7.8B respectively. Emirates Central Cooling Systems's EBIT is AED1.1B making its interest coverage ratio 8.4. It has cash and short-term investments of AED2.0B.
Key information
163.0%
Debt to equity ratio
د.إ5.50b
Debt
Interest coverage ratio | 8.4x |
Cash | د.إ1.99b |
Equity | د.إ3.37b |
Total liabilities | د.إ7.81b |
Total assets | د.إ11.18b |
Recent financial health updates
No updates
Recent updates
Emirates Central Cooling Systems Corporation (DFM:EMPOWER) Investors Are Less Pessimistic Than Expected
Apr 14Emirates Central Cooling Systems Corporation (DFM:EMPOWER) Full-Year Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Feb 19Emirates Central Cooling Systems (DFM:EMPOWER) Has Some Way To Go To Become A Multi-Bagger
Jan 21Emirates Central Cooling Systems Corporation's (DFM:EMPOWER) Share Price Not Quite Adding Up
Dec 25Some Investors May Be Worried About Emirates Central Cooling Systems' (DFM:EMPOWER) Returns On Capital
Sep 14Emirates 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 (AED2.4B) exceed its short term liabilities (AED1.9B).
Long Term Liabilities: EMPOWER's short term assets (AED2.4B) do not cover its long term liabilities (AED5.9B).
Debt to Equity History and Analysis
Debt Level: EMPOWER's net debt to equity ratio (103.9%) is considered high.
Reducing Debt: EMPOWER's debt to equity ratio has increased from 9.8% to 163% over the past 5 years.
Debt Coverage: EMPOWER's debt is well covered by operating cash flow (33.2%).
Interest Coverage: EMPOWER's interest payments on its debt are well covered by EBIT (8.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2025/04/26 04:19 |
End of Day Share Price | 2025/04/25 00:00 |
Earnings | 2024/12/31 |
Annual Earnings | 2024/12/31 |
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 * |
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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.
Analysis Model and Snowflake
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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
Emirates Central Cooling Systems Corporation is covered by 11 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 |
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Shadab Ashfaq | Al Ramz Capital LLC |
Passant Mohamed | Arqaam Capital Research Offshore S.A.L. |
Soha Saniour | Arqaam Capital Research Offshore S.A.L. |