GB Balance Sheet Health
Financial Health criteria checks 4/6
GB has a total shareholder equity of EGP25.1B and total debt of EGP19.0B, which brings its debt-to-equity ratio to 76%. Its total assets and total liabilities are EGP59.7B and EGP34.6B respectively. GB's EBIT is EGP5.0B making its interest coverage ratio 3.4. It has cash and short-term investments of EGP7.1B.
Key information
76.0%
Debt to equity ratio
ج.م19.05b
Debt
| Interest coverage ratio | 3.4x |
| Cash | ج.م7.14b |
| Equity | ج.م25.07b |
| Total liabilities | ج.م34.64b |
| Total assets | ج.م59.71b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GBCO's short term assets (EGP32.8B) exceed its short term liabilities (EGP27.8B).
Long Term Liabilities: GBCO's short term assets (EGP32.8B) exceed its long term liabilities (EGP6.9B).
Debt to Equity History and Analysis
Debt Level: GBCO's net debt to equity ratio (47.5%) is considered high.
Reducing Debt: GBCO's debt to equity ratio has reduced from 290.7% to 76% over the past 5 years.
Debt Coverage: GBCO's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: GBCO's interest payments on its debt are well covered by EBIT (3.4x coverage).