Development & Engineering Consultants Balance Sheet Health
Financial Health criteria checks 6/6
Development & Engineering Consultants has a total shareholder equity of EGP869.5M and total debt of EGP18.3M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are EGP2.3B and EGP1.5B respectively. Development & Engineering Consultants's EBIT is EGP43.5M making its interest coverage ratio -0.8. It has cash and short-term investments of EGP444.1M.
Key information
2.1%
Debt to equity ratio
ج.م18.29m
Debt
Interest coverage ratio | -0.8x |
Cash | ج.م444.10m |
Equity | ج.م869.54m |
Total liabilities | ج.م1.47b |
Total assets | ج.م2.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DAPH's short term assets (EGP2.0B) exceed its short term liabilities (EGP1.3B).
Long Term Liabilities: DAPH's short term assets (EGP2.0B) exceed its long term liabilities (EGP185.2M).
Debt to Equity History and Analysis
Debt Level: DAPH has more cash than its total debt.
Reducing Debt: DAPH's debt to equity ratio has reduced from 3.4% to 2.1% over the past 5 years.
Debt Coverage: DAPH's debt is well covered by operating cash flow (375.3%).
Interest Coverage: DAPH earns more interest than it pays, so coverage of interest payments is not a concern.