GB Balance Sheet Health
Financial Health criteria checks 4/6
GB has a total shareholder equity of EGP21.2B and total debt of EGP13.2B, which brings its debt-to-equity ratio to 62.2%. Its total assets and total liabilities are EGP42.6B and EGP21.4B respectively. GB's EBIT is EGP3.7B making its interest coverage ratio 3.8. It has cash and short-term investments of EGP4.5B.
Key information
62.2%
Debt to equity ratio
ج.م13.19b
Debt
Interest coverage ratio | 3.8x |
Cash | ج.م4.50b |
Equity | ج.م21.20b |
Total liabilities | ج.م21.38b |
Total assets | ج.م42.59b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GBCO's short term assets (EGP19.1B) exceed its short term liabilities (EGP15.6B).
Long Term Liabilities: GBCO's short term assets (EGP19.1B) exceed its long term liabilities (EGP5.8B).
Debt to Equity History and Analysis
Debt Level: GBCO's net debt to equity ratio (41%) is considered high.
Reducing Debt: GBCO's debt to equity ratio has reduced from 247.3% to 62.2% over the past 5 years.
Debt Coverage: GBCO's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: GBCO's interest payments on its debt are well covered by EBIT (3.8x coverage).