Emirates Central Cooling Systems PJSC (DFM:EMPOWER) Debt-to-Equity: 1.79 (As of Mar. 2026) — 10% Above Median

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DFM:EMPOWER Emirates Central Cooling Systems Corp PJSC DFM:EMPOWER
80 GF Score
Price د.إ1.61
GF Value د.إ1.87
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Emirates Central Cooling Systems PJSC Debt-to-Equity?

Emirates Central Cooling Systems PJSC DFM:EMPOWER +1.26% 80 Debt-to-Equity is 1.79 as of Mar. 2026, which is 10% above its 10-year median of 1.63. GuruFocus rates DFM:EMPOWER with a GF Score™ of 80/100 and a GF Value™ of د.إ1.87 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 473 Utilities - Regulated companies, Emirates Central Cooling Systems PJSC ranks worse than 79.07% on this metric.

Emirates Central Cooling Systems PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was د.إ4 Mil. Emirates Central Cooling Systems PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was د.إ5,500 Mil. Emirates Central Cooling Systems PJSC's Total Stockholders Equity for the quarter that ended in Mar. 2026 was د.إ3,080 Mil. Emirates Central Cooling Systems PJSC's debt to equity for the quarter that ended in Mar. 2026 was 1.79.

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: 1.63   Max: 1.9
Current: 1.79

During the past 7 years, the highest Debt-to-Equity Ratio of Emirates Central Cooling Systems PJSC was 1.90. The lowest was 0.11. And the median was 1.63.

DFM:EMPOWER's Debt-to-Equity is ranked worse than
79.07% of 473 companies
in the Utilities - Regulated industry
Industry Median: 0.98 vs DFM:EMPOWER: 1.79

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


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

* Premium members only.

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.

Emirates Central Cooling Systems PJSC Debt-to-Equity Chart

Emirates Central Cooling Systems PJSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.37 1.48 1.43 1.72 1.66

Emirates Central Cooling Systems PJSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.90 1.74 1.60 1.66 1.79

DFM:EMPOWER vs AWK, WTRG, AWR: Debt-to-Equity Comparison

For the Utilities - Regulated Water 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 Debt-to-Equity vs Utilities - Regulated Industry

For the Utilities - Regulated 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.


DFM:EMPOWER
80GF Score
Emirates Central Cooling Systems Corp PJSC DFM:EMPOWER
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2025 is calculated as

Emirates Central Cooling Systems PJSC's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.79 mean?
Emirates Central Cooling Systems PJSC (DFM:EMPOWER) has a Debt-to-Equity of 1.79 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Emirates Central Cooling Systems PJSC and its competitors. This is 10% above median its historical median of 1.63. Over the past decade, Emirates Central Cooling Systems PJSC's Debt-to-Equity has ranged from 0.11 to 1.90. According to the industry distribution chart, Emirates Central Cooling Systems PJSC ranks #374 out of 473 companies in the Utilities - Regulated industry, placing it in the top 79.1%.
Is Emirates Central Cooling Systems PJSC's Debt-to-Equity too high?
Emirates Central Cooling Systems PJSC's current Debt-to-Equity of 1.79 is 10% above median its 10-year median of 1.63. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 1.90. The Utilities - Regulated industry median Debt-to-Equity is 0.98. Emirates Central Cooling Systems PJSC's value of 1.79 is 82.7% above this industry median. Based on the distribution chart, Emirates Central Cooling Systems PJSC ranks #374 out of 473 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Emirates Central Cooling Systems PJSC has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Emirates Central Cooling Systems PJSC's Debt-to-Equity compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Emirates Central Cooling Systems PJSC ranks #374 out of 473 companies for Debt-to-Equity. This places Emirates Central Cooling Systems PJSC in the lower half of its industry. The industry median Debt-to-Equity is 0.98. Emirates Central Cooling Systems PJSC's value of 1.79 is 82.7% above this benchmark. Historically, Emirates Central Cooling Systems PJSC's own Debt-to-Equity has ranged from 0.11 to 1.90 over the past decade. While the company's 10-year median is 1.63 vs. the industry median of 0.98, Emirates Central Cooling Systems PJSC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Utilities - Regulated company?
The median Debt-to-Equity among Utilities - Regulated companies is 0.98, based on 473 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Emirates Central Cooling Systems PJSC's current Debt-to-Equity of 1.79 is 82.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Emirates Central Cooling Systems PJSC and its competitors. For the Utilities - Regulated industry, the median Debt-to-Equity is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emirates Central Cooling Systems PJSC's current Debt-to-Equity is 1.79, which is 10% above median its own 10-year median of 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emirates Central Cooling Systems PJSC stock overvalued right now?
Based on GuruFocus' analysis, Emirates Central Cooling Systems PJSC (DFM:EMPOWER) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ1.87, compared to a current price of د.إ1.61 — trading 13.9% below its estimated fair value. The current Debt-to-Equity is 1.79, which is 10% above median its 10-year median of 1.63 and 82.7% above the Utilities - Regulated industry median of 0.98. Emirates Central Cooling Systems PJSC's overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Emirates Central Cooling Systems PJSC (DFM:EMPOWER), the current Debt-to-Equity is 1.79 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Emirates Central Cooling Systems PJSC (DFM:EMPOWER) Overvalued in 2026?

Based on GuruFocus' analysis, Emirates Central Cooling Systems PJSC stock appears to be undervalued. The current stock price of د.إ1.61 is trading 13.9% below its estimated GF Value™ of د.إ1.87. GuruFocus considers Emirates Central Cooling Systems PJSC to be Modestly Undervalued.

Key valuation signals for DFM:EMPOWER:

  • Debt-to-Equity: 1.79 (10% above median its 10-year median of 1.63)
  • GF Value™: د.إ1.87 vs. price of د.إ1.61 (13.9% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 82.7% above the Utilities - Regulated median (#374 of 473)

No single metric tells the full story. See the DFM:EMPOWER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Emirates Central Cooling Systems PJSC Business Description

Address Block A, Jumeirah Beach Road, 2nd December Street, PO Box 8081, Al Hudaiba Awards Building, 8th Floor, Opposite Etihad Museum, Dubai, ARE
Emirates Central Cooling Systems Corp PJSC offers district cooling services, and management, operation, and maintenance of central cooling plants and related distribution networks. The group has two operating and reportable segments: Chilled water and Pre-insulated pipe business. The majority of its revenue is generated from the Chilled water segment, which constructs, owns, assembles, installs, operates, and maintains cooling and conditioning systems. In addition, it distributes and sells chilled water for use in district cooling technologies. The Pre-insulated pipe business is involved in manufacturing, assembling, and selling activities relating to the expansion of the group's chilled water business. Geographically, the group generates all of its revenue from the United Arab Emirates.
80GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ1.61
Price
د.إ1.87
GF Value