Raya Holding Company for Financial Investments (S.A.E) Balance Sheet Health
Financial Health criteria checks 3/6
Raya Holding Company for Financial Investments (S.A.E) has a total shareholder equity of EGP2.9B and total debt of EGP12.4B, which brings its debt-to-equity ratio to 425.3%. Its total assets and total liabilities are EGP27.1B and EGP24.2B respectively. Raya Holding Company for Financial Investments (S.A.E)'s EBIT is EGP2.2B making its interest coverage ratio 2. It has cash and short-term investments of EGP3.2B.
Key information
425.3%
Debt to equity ratio
ج.م12.43b
Debt
| Interest coverage ratio | 2x |
| Cash | ج.م3.20b |
| Equity | ج.م2.92b |
| Total liabilities | ج.م24.23b |
| Total assets | ج.م27.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RAYA's short term assets (EGP23.0B) exceed its short term liabilities (EGP21.8B).
Long Term Liabilities: RAYA's short term assets (EGP23.0B) exceed its long term liabilities (EGP2.4B).
Debt to Equity History and Analysis
Debt Level: RAYA's net debt to equity ratio (315.8%) is considered high.
Reducing Debt: RAYA's debt to equity ratio has increased from 184.1% to 425.3% over the past 5 years.
Debt Coverage: RAYA's debt is well covered by operating cash flow (21.8%).
Interest Coverage: RAYA's interest payments on its debt are not well covered by EBIT (2x coverage).