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Company Information |
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Full name Commercial Bank International (البنك التجارى الدولى) Headquarters P.O. Box 4449, Commercial Bank International Building, Al Reqqa Street, Dubai.; Dubai; Northern Emirates |
Status: Listed Legal Form: Limited Liability Company Operational Status: Operational Financial Auditors: Deloitte Touche Tohmatsu (2012) Incorporation Date: January 1, 1991 Total Employees: 341 Tel: 971 72275265 |
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Company Description |
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Commercial Bank International PSC (CBI), founded in Ras-Al-Khaimah in 1991, and considered as one of the leading financial institutions in UAE. It was listed in Abu Dhabi Stock Exchange in year 2002. The Bank operates in two main segments, namely retail and corporate banking. It also offers securities brokerage services through its International Financial Brokerage LLC subsidiary, and real estate brokerage services through Takamul Real Estate Company subsidiary. |
Company Analysis |
| According to the Consolidated - Audited financial statement for the Year of 2011, total net operating revenues decreased with -1.59%, from AED 705,932 thousands to AED 694,686 thousands. The results of the period decreased -54.75% reaching AED 64,767 thousands at the end of the period against AED 143,143 thousands last year. Return on equity (Net income/Total equity) went from 7.95% to 3.75%, the Return On Asset (Net income / Total Asset) went from 1.20% to 0.57% and the Net Profit Margin (Net Income/Net Sales) went from 20.28% to 9.32% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 560.11% compared to 562.08% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 2.46 to 1.85 when compared to the previous year. |
Key Executives |
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Companies with Similar Main Activities |

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2012 Y (cons) |
2011 Y (cons) |
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| Audited | Audited | |
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| Finglobe - MENA Spread Financial Statements | Finglobe - MENA Spread Financial Statements | |
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| Unit | Thousands | Thousands |
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Total Assets |
12,739,343 |
11,402,226 |
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Current Assets |
3,408,033 |
988,194 |
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Total Liabilities |
10,734,886 |
9,674,901 |
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Shareholders Equity |
2,004,457 |
1,727,325 |
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Current Liabilities |
861,854 |
534,945 |
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| * All the accounts are in AED. | ||
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Total Operating Revenue |
651,300 |
694,686 |
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Net Profit (Loss) |
250,598 |
64,767 |
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| * All the accounts are in AED. | ||
| Profitability Ratios | ||
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Return on Assets (ROA) |
1.97% |
0.57% |
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Annualised Return on Assets (ROA) |
1.97% |
0.57% |
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Return on Equity (ROE) |
12.5% |
3.75% |
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Annualised Return on Equity (ROE) |
14.51% |
3.6% |
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Return on Sales (ROS) |
38.48% |
9.32% |
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Gross Profit Margin |
100% |
100% |
| Efficiency Ratios | ||
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Accounts Receivable Turnover |
0.59x |
0.88x |
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Current asset turnover |
0.19x |
0.70x |
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Fixed-asset turnover |
0.07x |
0.07x |
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Asset Turnover |
0.05x |
0.06x |
| Valuation figures and ratios | ||
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EBITDA |
202,764 |
278,812 |
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Enterprise value |
10,765,763 |
9,536,241 |
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Enterprise Value / EBITDA |
53.09 |
34.20 |
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Bookvalue (BV) |
2,004,457 |
1,727,325 |
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Net Cash |
-10,162,748 |
-9,153,374 |
| Liquidity Ratios | ||
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Current Ratio |
395.43% |
184.73% |
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Quick ratio |
395.43% |
184.73% |
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Doom's day ratio |
66.38% |
97.49% |
| Leverage Ratios | ||
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Leverage ratio |
635.55% |
660.11% |
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Debt to equity |
535.55% |
560.11% |
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Debt to total assets |
84.27% |
84.85% |
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Long Term Debt to Capital |
83.12% |
84.11% |
| Market ratios | ||
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Market Capitalization/EBITDA |
2.97 |
1.37 |
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Market Cap / Net cash |
-0.06 |
-0.04 |
| Trend Ratios | ||
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Revenue Trend |
93.75% |
98.41% |
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Net Income Trend |
386.92% |
45.25% |
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