EMAARDEV.AE
Price:
$13.9
Market Cap:
$55.60B
Emaar Development PJSC, together with its subsidiaries, develops and sells residential and commercial build-to-sell properties in the United Arab Emirates. The company also provides development management services. In addition, it engages in buying and selling real estate and land; leasing and managing self-owned properties; and investing in commercial enterprises and management. The company was formerly known as Emaar Development LLC. The company was founded in 1997 and is headquartered in Dubai, the United Arab Emirates. Emaar Development PJSC operates as a subsidiary of Emaar Properties PJSC.
Industry
Real Estate - Development
IPO Date
2017-11-22
Stock Exchange
DFM
Ticker
EMAARDEV.AE
According to Emaar Development PJSC’s latest financial reports and current stock price. The company's current Current Ratio is 1.23. This represents a change of -49.78% compared to the average of 2.45 of the last 4 quarters.
The mean historical Current Ratio of Emaar Development PJSC over the last ten years is 1.62. The current 1.23 Current Ratio has changed 7.52% with respect to the historical average. Over the past ten years (40 quarters), EMAARDEV.AE's Current Ratio was at its highest in in the June 2024 quarter at 6.03. The Current Ratio was at its lowest in in the March 2017 quarter at 0.
Average
1.62
Median
0.96
Minimum
0.76
Maximum
7.49
Discovering the peaks and valleys of Emaar Development PJSC Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 691.48%
Maximum Annual Current Ratio = 7.49
Minimum Annual Increase = -82.07%
Minimum Annual Current Ratio = 0.76
Year | Current Ratio | Change |
---|---|---|
2024 | 1.34 | -82.07% |
2023 | 7.49 | 691.48% |
2022 | 0.95 | 24.59% |
2021 | 0.76 | -10.79% |
2020 | 0.85 | -1.54% |
2019 | 0.86 | -13.90% |
2018 | 1.00 | 2.04% |
2017 | 0.98 | 1.49% |
2016 | 0.97 | 2.75% |
2015 | 0.94 | 21.35% |
The current Current Ratio of Emaar Development PJSC (EMAARDEV.AE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
3.26
5-year avg
2.28
10-year avg
1.62
Emaar Development PJSC’s Current Ratio is greater than Emaar Properties PJSC (1.22), greater than Dubai Electricity and Water Authority (PJSC) (0.74), greater than Dubai Islamic Bank P.J.S.C. (0), less than Dubai Financial Market P.J.S.C. (1.92), greater than Air Arabia PJSC (1.05),
Company | Current Ratio | Market cap |
---|---|---|
1.22 | $123.74B | |
0.74 | $141.50B | |
0 | $67.21B | |
1.92 | $14.47B | |
1.05 | $15.87B |
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