Al Ezz Ceramics & Porcelain Balance Sheet Health
Financial Health criteria checks 2/6
Al Ezz Ceramics & Porcelain has a total shareholder equity of EGP625.4M and total debt of EGP1.1B, which brings its debt-to-equity ratio to 180.5%. Its total assets and total liabilities are EGP2.7B and EGP2.0B respectively. Al Ezz Ceramics & Porcelain's EBIT is EGP396.9M making its interest coverage ratio 3.1. It has cash and short-term investments of EGP249.3M.
Key information
180.5%
Debt to equity ratio
ج.م1.13b
Debt
| Interest coverage ratio | 3.1x |
| Cash | ج.م249.28m |
| Equity | ج.م625.41m |
| Total liabilities | ج.م2.05b |
| Total assets | ج.م2.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECAP's short term assets (EGP1.7B) do not cover its short term liabilities (EGP1.7B).
Long Term Liabilities: ECAP's short term assets (EGP1.7B) exceed its long term liabilities (EGP305.5M).
Debt to Equity History and Analysis
Debt Level: ECAP's net debt to equity ratio (140.6%) is considered high.
Reducing Debt: ECAP's debt to equity ratio has increased from 90.3% to 180.5% over the past 5 years.
Debt Coverage: ECAP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ECAP's interest payments on its debt are well covered by EBIT (3.1x coverage).