National Central Cooling Company PJSC Balance Sheet Health
Financial Health criteria checks 2/6
National Central Cooling Company PJSC has a total shareholder equity of AED6.8B and total debt of AED5.5B, which brings its debt-to-equity ratio to 79.9%. Its total assets and total liabilities are AED14.0B and AED7.2B respectively. National Central Cooling Company PJSC's EBIT is AED791.0M making its interest coverage ratio 4.7. It has cash and short-term investments of AED747.8M.
Key information
79.9%
Debt to equity ratio
د.إ5.46b
Debt
| Interest coverage ratio | 4.7x |
| Cash | د.إ747.83m |
| Equity | د.إ6.83b |
| Total liabilities | د.إ7.20b |
| Total assets | د.إ14.03b |
Recent financial health updates
No updates
Recent updates
Why National Central Cooling Company PJSC's (DFM:TABREED) Shaky Earnings Are Just The Beginning Of Its Problems
Aug 22
Analysts Are Updating Their National Central Cooling Company PJSC (DFM:TABREED) Estimates After Its Second-Quarter Results
Aug 12Investors Still Waiting For A Pull Back In National Central Cooling Company PJSC (DFM:TABREED)
Jul 11Investors Still Waiting For A Pull Back In National Central Cooling Company PJSC (DFM:TABREED)
Feb 09Do 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 (AED1.9B) do not cover its short term liabilities (AED3.4B).
Long Term Liabilities: TABREED's short term assets (AED1.9B) do not cover its long term liabilities (AED3.8B).
Debt to Equity History and Analysis
Debt Level: TABREED's net debt to equity ratio (69%) is considered high.
Reducing Debt: TABREED's debt to equity ratio has increased from 59.8% to 79.9% over the past 5 years.
Debt Coverage: TABREED's debt is well covered by operating cash flow (20.5%).
Interest Coverage: TABREED's interest payments on its debt are well covered by EBIT (4.7x coverage).