Acrow Misr Balance Sheet Health
Financial Health criteria checks 4/6
Acrow Misr has a total shareholder equity of EGP1.2B and total debt of EGP1.0B, which brings its debt-to-equity ratio to 85.8%. Its total assets and total liabilities are EGP3.3B and EGP2.1B respectively. Acrow Misr's EBIT is EGP521.4M making its interest coverage ratio 3. It has cash and short-term investments of EGP95.7M.
Key information
85.8%
Debt to equity ratio
ج.م1.05b
Debt
| Interest coverage ratio | 3x |
| Cash | ج.م95.68m |
| Equity | ج.م1.22b |
| Total liabilities | ج.م2.08b |
| Total assets | ج.م3.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACRO's short term assets (EGP2.4B) exceed its short term liabilities (EGP1.9B).
Long Term Liabilities: ACRO's short term assets (EGP2.4B) exceed its long term liabilities (EGP156.8M).
Debt to Equity History and Analysis
Debt Level: ACRO's net debt to equity ratio (78%) is considered high.
Reducing Debt: ACRO's debt to equity ratio has increased from 42.6% to 85.8% over the past 5 years.
Debt Coverage: ACRO's debt is well covered by operating cash flow (50.9%).
Interest Coverage: ACRO's interest payments on its debt are well covered by EBIT (3x coverage).