Egyptian Company for Construction Development Balance Sheet Health
Financial Health criteria checks 2/6
Egyptian Company for Construction Development has a total shareholder equity of EGP148.1M and total debt of EGP82.7M, which brings its debt-to-equity ratio to 55.9%. Its total assets and total liabilities are EGP251.1M and EGP103.0M respectively.
Key information
55.9%
Debt to equity ratio
ج.م82.74m
Debt
| Interest coverage ratio | n/a |
| Cash | ج.م8.45m |
| Equity | ج.م148.08m |
| Total liabilities | ج.م103.01m |
| Total assets | ج.م251.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EDBM's short term assets (EGP239.6M) exceed its short term liabilities (EGP100.3M).
Long Term Liabilities: EDBM's short term assets (EGP239.6M) exceed its long term liabilities (EGP2.7M).
Debt to Equity History and Analysis
Debt Level: EDBM's net debt to equity ratio (50.2%) is considered high.
Reducing Debt: EDBM's debt to equity ratio has increased from 47.1% to 55.9% over the past 5 years.
Debt Coverage: EDBM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if EDBM's interest payments on its debt are well covered by EBIT.