Wadi Kom Ombo For Land Reclamation Balance Sheet Health
Financial Health criteria checks 6/6
Wadi Kom Ombo For Land Reclamation has a total shareholder equity of EGP150.0M and total debt of EGP7.7M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are EGP879.8M and EGP729.8M respectively. Wadi Kom Ombo For Land Reclamation's EBIT is EGP39.2M making its interest coverage ratio -3.5. It has cash and short-term investments of EGP146.2M.
Key information
5.2%
Debt to equity ratio
ج.م7.75m
Debt
| Interest coverage ratio | -3.5x |
| Cash | ج.م146.19m |
| Equity | ج.م149.98m |
| Total liabilities | ج.م729.82m |
| Total assets | ج.م879.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WKOL's short term assets (EGP794.9M) exceed its short term liabilities (EGP722.1M).
Long Term Liabilities: WKOL's short term assets (EGP794.9M) exceed its long term liabilities (EGP7.7M).
Debt to Equity History and Analysis
Debt Level: WKOL has more cash than its total debt.
Reducing Debt: WKOL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: WKOL's debt is well covered by operating cash flow (826.3%).
Interest Coverage: WKOL earns more interest than it pays, so coverage of interest payments is not a concern.