Etihad Etisalat Company

SASE:7020 Stock Report

Market Cap: ر.س44.2b

Etihad Etisalat Balance Sheet Health

Financial Health criteria checks 5/6

Etihad Etisalat has a total shareholder equity of SAR17.9B and total debt of SAR6.3B, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are SAR37.8B and SAR19.9B respectively. Etihad Etisalat's EBIT is SAR3.5B making its interest coverage ratio 7.9. It has cash and short-term investments of SAR2.8B.

Key information

35.3%

Debt to equity ratio

ر.س6.31b

Debt

Interest coverage ratio7.9x
Cashر.س2.78b
Equityر.س17.89b
Total liabilitiesر.س19.94b
Total assetsر.س37.83b

Recent financial health updates

No updates

Recent updates

Benign Growth For Etihad Etisalat Company (TADAWUL:7020) Underpins Its Share Price

Jan 26
Benign Growth For Etihad Etisalat Company (TADAWUL:7020) Underpins Its Share Price

Etihad Etisalat's (TADAWUL:7020) Returns On Capital Are Heading Higher

Dec 30
Etihad Etisalat's (TADAWUL:7020) Returns On Capital Are Heading Higher

Etihad Etisalat Company's (TADAWUL:7020) Shares Lagging The Market But So Is The Business

Oct 16
Etihad Etisalat Company's (TADAWUL:7020) Shares Lagging The Market But So Is The Business

Etihad Etisalat Company's (TADAWUL:7020) Prospects Need A Boost To Lift Shares

Apr 30
Etihad Etisalat Company's (TADAWUL:7020) Prospects Need A Boost To Lift Shares

Financial Position Analysis

Short Term Liabilities: 7020's short term assets (SAR9.8B) do not cover its short term liabilities (SAR10.8B).

Long Term Liabilities: 7020's short term assets (SAR9.8B) exceed its long term liabilities (SAR9.1B).


Debt to Equity History and Analysis

Debt Level: 7020's net debt to equity ratio (19.8%) is considered satisfactory.

Reducing Debt: 7020's debt to equity ratio has reduced from 89.5% to 35.3% over the past 5 years.

Debt Coverage: 7020's debt is well covered by operating cash flow (88.7%).

Interest Coverage: 7020's interest payments on its debt are well covered by EBIT (7.9x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 20:28
End of Day Share Price 2025/02/06 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Etihad Etisalat Company is covered by 25 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.

AnalystInstitution
Jassim Al-JubranAljazira Capital Company
Pritish DevassyAl Rajhi Capital
Jaap MeijerArqaam Capital Research Offshore S.A.L.