Emirates Central Cooling Systems PJSC (DFM:EMPOWER) Debt-to-Equity : 1.72 (As of Dec. 2024)

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What is Emirates Central Cooling Systems PJSC Debt-to-Equity?

Emirates Central Cooling Systems PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was د.إ8 Mil. Emirates Central Cooling Systems PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was د.إ5,496 Mil. Emirates Central Cooling Systems PJSC's Total Stockholders Equity for the quarter that ended in Dec. 2024 was د.إ3,198 Mil. Emirates Central Cooling Systems PJSC's debt to equity for the quarter that ended in Dec. 2024 was 1.72.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Emirates Central Cooling Systems PJSC's Debt-to-Equity or its related term are showing as below:

DFM:EMPOWER' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.9 Max: 1.72
Current: 1.72

During the past 6 years, the highest Debt-to-Equity Ratio of Emirates Central Cooling Systems PJSC was 1.72. The lowest was 0.11. And the median was 0.90.

DFM:EMPOWER's Debt-to-Equity is ranked worse than
72.94% of 388 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.85 vs DFM:EMPOWER: 1.72

Emirates Central Cooling Systems PJSC Debt-to-Equity Historical Data

The historical data trend for Emirates Central Cooling Systems PJSC's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Emirates Central Cooling Systems PJSC Debt-to-Equity Chart

Emirates Central Cooling Systems PJSC Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.28

0.37

1.48

1.43

1.72

Emirates Central Cooling Systems PJSC Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial												1.43	1.80	1.77	1.87	1.72

Competitive Comparison of Emirates Central Cooling Systems PJSC's Debt-to-Equity

For the Utilities - Independent Power Producers subindustry, Emirates Central Cooling Systems PJSC's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Emirates Central Cooling Systems PJSC's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Emirates Central Cooling Systems PJSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Emirates Central Cooling Systems PJSC's Debt-to-Equity falls into.

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Emirates Central Cooling Systems PJSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Emirates Central Cooling Systems PJSC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(7.588	+	5496.378)	/	3197.59
	=	1.72

Emirates Central Cooling Systems PJSC's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(7.588	+	5496.378)	/	3197.59
	=	1.72

Emirates Central Cooling Systems PJSC (DFM:EMPOWER) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Emirates Central Cooling Systems PJSC Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Emirates Central Cooling Systems PJSC's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Emirates Central Cooling Systems PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Emirates Central Cooling Systems Corp PJSC (DFM:EMPOWER) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jumeirah Beach Road, 2nd December Street, P O Box 8081, Al Hudaiba Awards Building, Block A, 8th Floor, Opposite Etihad Museum, Dubai, ARE

Website

https://www.empower.ae

Emirates Central Cooling Systems Corp PJSC engages in offering district cooling services (DCS). It engages in the centralized production and distribution of cooling energy. The firm provides its services to a portfolio of projects such as Deira Waterfront, Blue Waters, Jumeirah Group, Jumeirah Beach Residence, Dubai International Financial Centre, Business Bay, Dubai Healthcare City, Jumeirah Lake Towers, Palm Jumeirah, Discovery Gardens, Ibn Battuta Mall, Dubai Design District, Dubai Production City and many more. The company has two segments: the Chilled water segment and the Pre-insulated pipe business segment. Its geographical segments include the United Arab Emirates and Kuwait.

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