Micropolis Holding Company (MCRP) Balance Sheet

NYSE American: MCRPAssets, liabilities, debt and equity over 4 years.

MCRP balance sheet, 2024

December 31, 2024 · AED

AED 9.8M assets = AED 40.6M liabilities + −AED 30.7M equity

What it ownsAED 9.8MCash & ST investments: AED 47,837 (0.5%)Receivables: AED 369,806 (3.8%)Other current: AED 3.9M (39.9%)Other current AED 3.9MPP&E: AED 5.5M (55.4%)PP&EAED 5.5M · 55%Goodwill & intangibles: AED 37,585 (0.4%)=How it is financedAED 40.6MCurrent liabilities: AED 25.3M (62.4%)Current liabilitiesAED 25.3M · 62%Other LT liabilities: AED 15.2M (37.6%)Other LT liabilitiesAED 15.2M · 38%

Liabilities exceed assets: shareholders’ equity is negative (−AED 30.7M).

Both columns are drawn to the same scale: what MCRP owns equals what it owes plus shareholders’ equity. Hover a block for its value.

MCRP financial health

Current ratio0.17
Tight · current assets cover current liabilities 0.17×
Equity / assets−312.3%
Thin equity · of assets funded by shareholders
Cash / debt0.6%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles0.4%
Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2024.

MCRP balance sheet trends, 2021–2024

MetricTrendThenLatestChange
Total assetsAED 8.8M2021AED 9.8M2024+4.0%/yr
Total liabilitiesAED 5.6M2021AED 40.6M2024+94.0%/yr
Shareholders’ equityAED 3.2M2021−AED 30.7M2024—
Cash & short-term investmentsAED 3.4M2021AED 47,8372024−75.9%/yr
Total debtAED 3.6M2021AED 7.8M2024+29.0%/yr
Net cash (debt)−AED 222,2292021−AED 7.7M2024AED 7.5M
Working capitalAED 1.6M2021−AED 21.0M2024AED 22.6M
Current ratio1.6520210.172024−1.48
Debt / equity1.1320212.032022+0.90
Shares outstanding33.9M202133.9M20240.0%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

MCRP assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

MCRP liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

MCRP debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

MCRP balance sheet in AED

2024202320222021
Assets
Cash & short-term investmentsAED 47,837AED 68,372AED 20,834AED 3.4M
Cash & equivalentsAED 47,837AED 68,372AED 20,834AED 3.4M
ReceivablesAED 369,806AED 251,386AED 343,906AED 182,772
InventoryAED 0AED 0AED 0AED 0
Other current assetsAED 3.9MAED 2.7MAED 346,362AED 571,981
Total current assetsAED 4.3MAED 3.0MAED 711,102AED 4.2M
Property, plant & equipment (net)AED 5.5MAED 5.6MAED 6.6MAED 4.6M
Goodwill & intangible assetsAED 37,585AED 0AED 0AED 294
Long-term investmentsAED 0AED 0AED 0AED 0
Other non-current assetsAED 0AED 0AED 0AED 0
Total assetsAED 9.8MAED 8.6MAED 7.3MAED 8.8M
Liabilities
Accounts payableAED 755,266AED 73,082AED 120,925AED 639,282
Short-term debtAED 7.3MAED 6.4MAED 1.8MAED 989,970
Total current liabilitiesAED 25.3MAED 7.6MAED 3.0MAED 2.5M
Long-term debtAED 0AED 0AED 0AED 0
Lease obligationsAED 1.4MAED 2.2MAED 2.8MAED 3.6M
Other long-term liabilitiesAED 15.2MAED 11.0MAED 2.4MAED 3.0M
Total liabilitiesAED 40.6MAED 18.6MAED 5.4MAED 5.6M
Shareholders' equity
Common stock & paid-in capitalAED 11,016AED 11,016AED 8,705AED 100,000
Retained earnings (deficit)−AED 49.6M−AED 27.3M−AED 15.4M−AED 4.1M
Accumulated other comprehensive income——AED 1.2MAED 260,000
Total shareholders' equity−AED 30.7M−AED 10.0MAED 1.9MAED 3.2M
Key figures
Total debtAED 7.8MAED 7.6MAED 3.9MAED 3.6M
Net cash (debt)−AED 7.7M−AED 7.5M−AED 3.8M−AED 222,229
Working capital−AED 21.0M−AED 4.5M−AED 2.3MAED 1.6M
Tangible book value−AED 30.8M−AED 10.0MAED 1.9MAED 3.2M
Shares outstanding33.9M33.9M30.0M33.9M
Current ratio0.170.400.241.65
Quick ratio0.020.040.121.42
Debt / equity——2.031.13
Equity / assets−312.3%−115.6%25.9%36.5%

Quarterly columns are labeled by the month the quarter ended. Figures in AED as reported (latest annual report filed May 8, 2025); data from EODHD.

MCRP financial position

At the end of fiscal 2024 (December 31, 2024), Micropolis had total assets of AED 9.8 million (up 13.9% from a year earlier), total liabilities of AED 40.6 million and shareholders' equity of -AED 30.7 million. It held AED 0.0 million in cash and short-term investments against AED 7.8 million of debt, net debt of AED 7.7 million. Its current ratio was 0.17. In the latest quarter (ended March 31, 2025) total assets were AED 9.8 million and equity -AED 30.7 million.

Related: MCRP income statement, MCRP cash flow statement. See the MCRP stock overview for the latest quote and news.

MCRP balance sheet FAQ

What are Micropolis's total assets?

Micropolis reported total assets of AED 9.8 million at the end of fiscal 2024 (December 31, 2024), compared with AED 8.6 million a year earlier.

How much debt does Micropolis have?

Micropolis had AED 7.8 million of total debt at the end of fiscal 2024, including short-term borrowings and lease obligations. Its debt-to-equity ratio was —.

How much cash does Micropolis have?

Micropolis held AED 0.0 million in cash and short-term investments at the end of fiscal 2024; with AED 7.8 million of debt that is net debt of AED 7.7 million.

What is Micropolis's book value?

Micropolis's shareholders' equity (book value) was -AED 30.7 million at the end of fiscal 2024.

What is Micropolis's current ratio?

Micropolis had current assets of AED 4.3 million and current liabilities of AED 25.3 million, a current ratio of 0.17 (current liabilities exceed current assets).

How much goodwill does Micropolis have?

Micropolis carried AED 0.0 million of goodwill and intangible assets, 0.4% of total assets, at the end of fiscal 2024.

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