|
Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).
Mashreq Bank (بنك المشرق)
Main Activities: Banking and Credit Intermediation
 |
Please check the full coverage of information what EMIS can offer you. | SEE SAMPLE |
Company Information |
|
Full name Mashreq Bank (بنك المشرق) Previous name(s) Bank of Oman Headquarters P.O. Box:1250, Mashreq Bank Building, Omar Bin Al Khatab Street, Deira Area, Dubai.; Dubai; Northern Emirates |
Status: Listed Legal Form: Other non-liability limited Operational Status: Operational Financial Auditors: Deloitte Touche Tohmatsu (2012) Incorporation Date: January 1, 1967 Total Employees: 1,913 Tel: 971 44244444/23333 |
|
Company Description |
|
Mashreq Bank (PSC) is a United Arab Emirates-based commercial bank established in 1967. The bank offers a range of banking and financial services to retail and corporate customers. The Bank has a network of branches in the United Arab Emirates, as well as in Bahrain, Egypt, Hong Kong, India, Qatar, the United Kingdom and the United States. It also has a number of subsidiary companies that operate regionally. |
Company Analysis |
| According to the Consolidated - Audited financial statement for the Year of 2011, total net operating revenues decreased with -21.53%, from AED 4,317,689 thousands to AED 3,388,208 thousands. Operating result decreased from AED 4,386,874 thousands to AED 3,872,333 thousands which means -11.73% change. The results of the period increased 2.92% reaching AED 861,042 thousands at the end of the period against AED 836,602 thousands last year. Return on equity (Net income/Total equity) went from 6.75% to 6.72%, the Return On Asset (Net income / Total Asset) went from 0.99% to 1.09% and the Net Profit Margin (Net Income/Net Sales) went from 19.38% to 25.41% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 518.89% compared to 585.07% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 0.74 to 1.26 when compared to the previous year. |
Key Executives |
|
|||||
|
|||||
|
|||||
|
|||||
|
|||||
Companies with Similar Main Activities |
FULL COMPANY PROFILE
|
|
2012 Y (cons) |
2011 Y (cons) |
|
 | ||
| Audited | Audited | |
| ||
| Finglobe - MENA Spread Financial Statements | Finglobe - MENA Spread Financial Statements | |
| ||
| Unit | Thousands | Thousands |
| ||
Balance Sheet
| ||
Total Assets |
76,383,300 |
79,241,322 |
| ||
Current Assets |
74,835,427 |
77,725,467 |
| ||
Total Liabilities |
62,563,045 |
66,437,472 |
| ||
Shareholders Equity |
13,820,255 |
12,803,850 |
| ||
Current Liabilities |
60,237,089 |
61,794,453 |
| ||
| * All the accounts are in AED. | ||
Income Statement
| ||
Total Operating Revenue |
3,064,092 |
3,388,208 |
| ||
Operational Profit (Loss) |
4,084,437 |
3,872,333 |
| ||
Net Profit (Loss) |
1,370,636 |
861,042 |
| ||
| * All the accounts are in AED. | ||
Ratios
| Profitability Ratios | ||
| ||
Return on Assets (ROA) |
1.79% |
1.09% |
| ||
Annualised Return on Assets (ROA) |
1.79% |
1.09% |
| ||
Return on Equity (ROE) |
9.92% |
6.72% |
| ||
Annualised Return on Equity (ROE) |
10.7% |
6.95% |
| ||
Return on Sales (ROS) |
44.73% |
25.41% |
| ||
Return on Capital |
25.3% |
22.2% |
| ||
Gross Profit Margin |
100% |
100% |
| ||
Operating Profit Margin |
133.3% |
114.29% |
| Efficiency Ratios | ||
| ||
Accounts Receivable Turnover |
0.57x |
0.63x |
| ||
Current asset turnover |
0.04x |
0.04x |
| ||
Fixed-asset turnover |
1.98x |
2.24x |
| ||
Asset Turnover |
0.04x |
0.04x |
| Valuation figures and ratios | ||
| ||
Earning Before Interests and Taxes (EBIT) |
4,084,437 |
3,872,333 |
| ||
EBITDA |
5,129,500 |
5,206,636 |
| ||
Enterprise value |
61,680,634 |
69,408,024 |
| ||
Enterprise Value / EBITDA |
12.02 |
13.33 |
| ||
Bookvalue (BV) |
13,820,255 |
12,803,850 |
| ||
Net Cash |
-51,795,958 |
-51,705,672 |
| Liquidity Ratios | ||
| ||
Current Ratio |
124.23% |
125.78% |
| ||
Quick ratio |
124.23% |
125.78% |
| ||
Doom's day ratio |
17.87% |
23.84% |
| Leverage Ratios | ||
| ||
Leverage ratio |
552.69% |
618.89% |
| ||
Debt to equity |
452.69% |
518.89% |
| ||
Debt to total assets |
81.91% |
83.84% |
| ||
Long Term Debt to Capital |
14.95% |
27.46% |
| Market ratios | ||
| ||
Market Capitalization/EBITDA |
1.81 |
3.30 |
| ||
Market Cap / Net cash |
-0.18 |
-0.33 |
| Trend Ratios | ||
| ||
Revenue Trend |
90.43% |
78.47% |
| ||
Net Income Trend |
159.18% |
102.92% |
| ||
Operating Income Trend |
105.48% |
88.27% |
| ||
 |