Arab Ceramic Balance Sheet Health
Financial Health criteria checks 2/6
Arab Ceramic has a total shareholder equity of EGP414.2M and total debt of EGP490.8M, which brings its debt-to-equity ratio to 118.5%. Its total assets and total liabilities are EGP1.2B and EGP763.9M respectively. Arab Ceramic's EBIT is EGP128.6M making its interest coverage ratio 2.8. It has cash and short-term investments of EGP13.9M.
Key information
118.5%
Debt to equity ratio
ج.م490.83m
Debt
Interest coverage ratio | 2.8x |
Cash | ج.م13.93m |
Equity | ج.م414.18m |
Total liabilities | ج.م763.93m |
Total assets | ج.م1.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CERA's short term assets (EGP538.3M) do not cover its short term liabilities (EGP612.7M).
Long Term Liabilities: CERA's short term assets (EGP538.3M) exceed its long term liabilities (EGP151.2M).
Debt to Equity History and Analysis
Debt Level: CERA's net debt to equity ratio (115.1%) is considered high.
Reducing Debt: CERA's debt to equity ratio has increased from 98.6% to 118.5% over the past 5 years.
Debt Coverage: CERA's debt is well covered by operating cash flow (30.7%).
Interest Coverage: CERA's interest payments on its debt are not well covered by EBIT (2.8x coverage).