Acrow Misr Balance Sheet Health
Financial Health criteria checks 3/6
Acrow Misr has a total shareholder equity of EGP1.8B and total debt of EGP1.2B, which brings its debt-to-equity ratio to 69.6%. Its total assets and total liabilities are EGP4.6B and EGP2.9B respectively. Acrow Misr's EBIT is EGP524.6M making its interest coverage ratio 2.5. It has cash and short-term investments of EGP78.2M.
Key information
69.6%
Debt to equity ratio
ج.م1.24b
Debt
| Interest coverage ratio | 2.5x |
| Cash | ج.م78.24m |
| Equity | ج.م1.78b |
| Total liabilities | ج.م2.86b |
| Total assets | ج.م4.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACRO's short term assets (EGP3.6B) exceed its short term liabilities (EGP2.6B).
Long Term Liabilities: ACRO's short term assets (EGP3.6B) exceed its long term liabilities (EGP246.8M).
Debt to Equity History and Analysis
Debt Level: ACRO's net debt to equity ratio (65.2%) is considered high.
Reducing Debt: ACRO's debt to equity ratio has increased from 46.1% to 69.6% over the past 5 years.
Debt Coverage: ACRO's debt is well covered by operating cash flow (39.1%).
Interest Coverage: ACRO's interest payments on its debt are not well covered by EBIT (2.5x coverage).