Arab Valves Balance Sheet Health
Financial Health criteria checks 4/6
Arab Valves has a total shareholder equity of EGP123.9M and total debt of EGP48.5M, which brings its debt-to-equity ratio to 39.2%. Its total assets and total liabilities are EGP188.3M and EGP64.4M respectively. Arab Valves's EBIT is EGP25.3M making its interest coverage ratio 4.4. It has cash and short-term investments of EGP16.0M.
Key information
39.2%
Debt to equity ratio
ج.م48.51m
Debt
Interest coverage ratio | 4.4x |
Cash | ج.م16.05m |
Equity | ج.م123.85m |
Total liabilities | ج.م64.44m |
Total assets | ج.م188.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARVA's short term assets (EGP160.7M) exceed its short term liabilities (EGP62.9M).
Long Term Liabilities: ARVA's short term assets (EGP160.7M) exceed its long term liabilities (EGP1.5M).
Debt to Equity History and Analysis
Debt Level: ARVA's net debt to equity ratio (26.2%) is considered satisfactory.
Reducing Debt: ARVA's debt to equity ratio has increased from 0.3% to 39.2% over the past 5 years.
Debt Coverage: ARVA's debt is not well covered by operating cash flow (1.3%).
Interest Coverage: ARVA's interest payments on its debt are well covered by EBIT (4.4x coverage).