National Central Cooling Company PJSC Balance Sheet Health
Financial Health criteria checks 3/6
National Central Cooling Company PJSC has a total shareholder equity of AED6.9B and total debt of AED6.2B, which brings its debt-to-equity ratio to 89.4%. Its total assets and total liabilities are AED14.8B and AED7.9B respectively. National Central Cooling Company PJSC's EBIT is AED805.7M making its interest coverage ratio 3.9. It has cash and short-term investments of AED1.6B.
Key information
89.4%
Debt to equity ratio
د.إ6.21b
Debt
| Interest coverage ratio | 3.9x |
| Cash | د.إ1.61b |
| Equity | د.إ6.94b |
| Total liabilities | د.إ7.87b |
| Total assets | د.إ14.81b |
Recent financial health updates
No updates
Recent updates
Investors Still Waiting For A Pull Back In National Central Cooling Company PJSC (DFM:TABREED)
Feb 09
Do National Central Cooling Company PJSC's (DFM:TABREED) Earnings Warrant Your Attention?
Oct 10Here's Why National Central Cooling Company PJSC (DFM:TABREED) Has Caught The Eye Of Investors
Jul 11Is National Central Cooling Company PJSC (DFM:TABREED) Trading At A 23% Discount?
May 17An Intrinsic Calculation For National Central Cooling Company PJSC (DFM:TABREED) Suggests It's 23% Undervalued
Jan 13Is National Central Cooling Company PJSC (DFM:TABREED) Trading At A 40% Discount?
Oct 12Calculating The Intrinsic Value Of National Central Cooling Company PJSC (DFM:TABREED)
Jul 08National Central Cooling Company PJSC (DFM:TABREED) Will Pay A Dividend Of د.إ0.06
Feb 18Earnings Beat: National Central Cooling Company PJSC Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Feb 17Did You Participate In Any Of National Central Cooling Company PJSC's (DFM:TABREED) Fantastic 224% Return ?
Feb 15How Does National Central Cooling Company PJSC (DFM:TABREED) Fare As A Dividend Stock?
Jan 25Should You Rely On National Central Cooling Company PJSC's (DFM:TABREED) Earnings Growth?
Dec 18Investors Holding Back On National Central Cooling Company PJSC (DFM:TABREED)
Jul 26
Should You Be Excited About National Central Cooling Company PJSC's (DFM:TABREED) 10% Return On Equity?
Jun 29Financial Position Analysis
Short Term Liabilities: TABREED's short term assets (AED2.6B) exceed its short term liabilities (AED873.2M).
Long Term Liabilities: TABREED's short term assets (AED2.6B) do not cover its long term liabilities (AED7.0B).
Debt to Equity History and Analysis
Debt Level: TABREED's net debt to equity ratio (66.2%) is considered high.
Reducing Debt: TABREED's debt to equity ratio has increased from 63.1% to 89.4% over the past 5 years.
Debt Coverage: TABREED's debt is well covered by operating cash flow (21.1%).
Interest Coverage: TABREED's interest payments on its debt are well covered by EBIT (3.9x coverage).