Umm Al Qaiwain General Investments Company P.S.C Balance Sheet Health
Financial Health criteria checks 5/6
Umm Al Qaiwain General Investments Company P.S.C has a total shareholder equity of AED610.5M and total debt of AED42.8M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are AED699.0M and AED88.5M respectively. Umm Al Qaiwain General Investments Company P.S.C's EBIT is AED30.7M making its interest coverage ratio 8.4. It has cash and short-term investments of AED288.3M.
Key information
7.0%
Debt to equity ratio
د.إ42.78m
Debt
| Interest coverage ratio | 8.4x |
| Cash | د.إ288.26m |
| Equity | د.إ610.52m |
| Total liabilities | د.إ88.48m |
| Total assets | د.إ699.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QIC's short term assets (AED288.8M) exceed its short term liabilities (AED87.9M).
Long Term Liabilities: QIC's short term assets (AED288.8M) exceed its long term liabilities (AED567.3K).
Debt to Equity History and Analysis
Debt Level: QIC has more cash than its total debt.
Reducing Debt: QIC's debt to equity ratio has increased from 0.1% to 7% over the past 5 years.
Debt Coverage: QIC's debt is well covered by operating cash flow (52.5%).
Interest Coverage: QIC's interest payments on its debt are well covered by EBIT (8.4x coverage).