Development & Engineering Consultants Balance Sheet Health
Financial Health criteria checks 4/6
Development & Engineering Consultants has a total shareholder equity of EGP884.0M and total debt of EGP64.7M, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are EGP2.7B and EGP1.8B respectively. Development & Engineering Consultants's EBIT is EGP5.4M making its interest coverage ratio -0.2. It has cash and short-term investments of EGP221.9M.
Key information
7.3%
Debt to equity ratio
ج.م64.68m
Debt
| Interest coverage ratio | -0.2x |
| Cash | ج.م221.91m |
| Equity | ج.م883.97m |
| Total liabilities | ج.م1.85b |
| Total assets | ج.م2.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DAPH's short term assets (EGP2.4B) exceed its short term liabilities (EGP1.7B).
Long Term Liabilities: DAPH's short term assets (EGP2.4B) exceed its long term liabilities (EGP188.4M).
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 increased from 2.7% to 7.3% over the past 5 years.
Debt Coverage: DAPH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DAPH earns more interest than it pays, so coverage of interest payments is not a concern.