Raya Holding Company for Financial Investments (S.A.E) Financial Health
How is Raya Holding Company for Financial Investments (S.A.E)'s financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: RAYA's short term assets (EGP15.7B) exceed its short term liabilities (EGP15.0B).
Long Term Liabilities: RAYA's short term assets (EGP15.7B) exceed its long term liabilities (EGP2.4B).
Debt to Equity History and Analysis
Debt Level: RAYA's net debt to equity ratio (361.1%) is considered high.
Reducing Debt: RAYA's debt to equity ratio has increased from 135.5% to 435.2% over the past 5 years.
Debt Coverage: RAYA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RAYA's interest payments on its debt are not well covered by EBIT (1.8x coverage).