What is Al Waha Capital PJSC Financial Strength?
Al Waha Capital PJSC has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Warning Sign:
Al Waha Capital PJSC displays poor financial strength. Usually, this is caused by too much debt for the company.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
Al Waha Capital PJSC did not have earnings to cover the interest expense.
Al Waha Capital PJSC's debt to revenue ratio for the quarter that ended in Jun. 2023 was 27.88.
As of today, Al Waha Capital PJSC's Altman Z-Score is 1.01.
Competitive Comparison of Al Waha Capital PJSC's Financial Strength
For the Asset Management subindustry, Al Waha Capital PJSC's Financial Strength, along with its competitors' market caps and Financial Strength 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.
Al Waha Capital PJSC's Financial Strength Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Al Waha Capital PJSC's Financial Strength distribution charts can be found below:
* The bar in red indicates where Al Waha Capital PJSC's Financial Strength falls into.
Al Waha Capital PJSC Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Al Waha Capital PJSC's Interest Expense for the
months ended in Jun. 2023 was د.إ-38.5 Mil. Its Operating Income for the
months ended in Jun. 2023 was د.إ-44.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was د.إ4,000.9 Mil.
Al Waha Capital PJSC's Interest Coverage for the quarter that ended in Jun. 2023 is
| Al Waha Capital PJSC did not have earnings to cover the interest expense. |
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Al Waha Capital PJSC's Debt to Revenue Ratio for the quarter that ended in Jun. 2023 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Al Waha Capital PJSC has a Z-score of 1.01, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 1.01 is in distress zone. This implies bankruptcy possibility in the next two years.
* 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.
Al Waha Capital PJSC (ADX:WAHA) Business Description
Traded in Other Exchanges
N/A
Address
Etihad Towers, P.O. Box 28922, 42nd Floor, Tower 3, Ras Al Akhdar Area, Abu Dhabi, ARE
Al Waha Capital PJSC manages various assets across many sectors, including aircraft leasing, healthcare, financial services, energy, infrastructure, industrial real estate, and capital markets. Traditionally, the company has invested for governments in the Middle East and Northern Africa. However, through private equity offerings, it offers investments to third-party investors. Operations are split between two platforms: Principal Investments and Asset Management. Although the company allocates investment assets globally, it focuses on investments in the Middle East. The company seeks to acquire joint control or significant minority stakes in many situations. Through its significant ownership, it attempts to add value through registration on boards, and committees.
Al Waha Capital PJSC (ADX:WAHA) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ADX:WAHA has been successfully added to your