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 EGP113.7M and total debt of EGP8.8M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are EGP844.4M and EGP730.7M respectively. Wadi Kom Ombo For Land Reclamation's EBIT is EGP28.5M making its interest coverage ratio -3.1. It has cash and short-term investments of EGP108.6M.
Key information
7.8%
Debt to equity ratio
ج.م8.84m
Debt
Interest coverage ratio | -3.1x |
Cash | ج.م108.57m |
Equity | ج.م113.72m |
Total liabilities | ج.م730.72m |
Total assets | ج.م844.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WKOL's short term assets (EGP767.1M) exceed its short term liabilities (EGP721.9M).
Long Term Liabilities: WKOL's short term assets (EGP767.1M) exceed its long term liabilities (EGP8.8M).
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 (338.5%).
Interest Coverage: WKOL earns more interest than it pays, so coverage of interest payments is not a concern.