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 EGP135.4M and total debt of EGP6.4M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are EGP857.0M and EGP721.6M respectively. Wadi Kom Ombo For Land Reclamation's EBIT is EGP29.8M making its interest coverage ratio -1.6. It has cash and short-term investments of EGP158.4M.
Key information
4.7%
Debt to equity ratio
ج.م6.41m
Debt
| Interest coverage ratio | -1.6x |
| Cash | ج.م158.37m |
| Equity | ج.م135.37m |
| Total liabilities | ج.م721.62m |
| Total assets | ج.م856.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WKOL's short term assets (EGP785.8M) exceed its short term liabilities (EGP715.2M).
Long Term Liabilities: WKOL's short term assets (EGP785.8M) exceed its long term liabilities (EGP6.4M).
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 (1025.4%).
Interest Coverage: WKOL earns more interest than it pays, so coverage of interest payments is not a concern.