Al Ezz Ceramics & Porcelain Balance Sheet Health
Financial Health criteria checks 2/6
Al Ezz Ceramics & Porcelain has a total shareholder equity of EGP714.4M and total debt of EGP1.6B, which brings its debt-to-equity ratio to 223.6%. Its total assets and total liabilities are EGP3.2B and EGP2.5B respectively. Al Ezz Ceramics & Porcelain's EBIT is EGP452.7M making its interest coverage ratio 2. It has cash and short-term investments of EGP273.6M.
Key information
223.6%
Debt to equity ratio
ج.م1.60b
Debt
| Interest coverage ratio | 2x |
| Cash | ج.م273.64m |
| Equity | ج.م714.44m |
| Total liabilities | ج.م2.49b |
| Total assets | ج.م3.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECAP's short term assets (EGP2.1B) exceed its short term liabilities (EGP2.1B).
Long Term Liabilities: ECAP's short term assets (EGP2.1B) exceed its long term liabilities (EGP394.6M).
Debt to Equity History and Analysis
Debt Level: ECAP's net debt to equity ratio (185.3%) is considered high.
Reducing Debt: ECAP's debt to equity ratio has increased from 96.2% to 223.6% 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 not well covered by EBIT (2x coverage).