Is Emaar Development PJSC financially healthy?
Yes
Emaar Development PJSC holds more cash than debt.
The numbers behind it
Net debt / EBITDANet cash
Current ratio1.4×Short-term assets for each AED 1 of bills due within a year
Interest coverage97.2×How many times operating profit covers the interest bill
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about Emaar Development PJSC
Data as of Nov 13, 2026.