El-Saeed Company for Contracting and Real Estate Investment SCCD (S.A.E.) Balance Sheet Health
Financial Health criteria checks 2/6
El-Saeed Company for Contracting and Real Estate Investment SCCD (S.A.E.) has a total shareholder equity of EGP1.2B and total debt of EGP1.7B, which brings its debt-to-equity ratio to 140.9%. Its total assets and total liabilities are EGP3.6B and EGP2.4B respectively. El-Saeed Company for Contracting and Real Estate Investment SCCD (S.A.E.)'s EBIT is EGP440.0M making its interest coverage ratio 1.5. It has cash and short-term investments of EGP352.4M.
Key information
140.9%
Debt to equity ratio
ج.م1.71b
Debt
Interest coverage ratio | 1.5x |
Cash | ج.م352.43m |
Equity | ج.م1.22b |
Total liabilities | ج.م2.42b |
Total assets | ج.م3.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UEGC's short term assets (EGP3.4B) exceed its short term liabilities (EGP2.4B).
Long Term Liabilities: UEGC's short term assets (EGP3.4B) exceed its long term liabilities (EGP17.7M).
Debt to Equity History and Analysis
Debt Level: UEGC's net debt to equity ratio (111.9%) is considered high.
Reducing Debt: UEGC's debt to equity ratio has increased from 14.5% to 140.9% over the past 5 years.
Debt Coverage: UEGC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: UEGC's interest payments on its debt are not well covered by EBIT (1.5x coverage).