El-Nasr Clothing & Textiles (KABO) Balance Sheet Health
Financial Health criteria checks 5/6
El-Nasr Clothing & Textiles (KABO) has a total shareholder equity of EGP1.0B and total debt of EGP266.0M, which brings its debt-to-equity ratio to 25.7%. Its total assets and total liabilities are EGP1.7B and EGP624.8M respectively. El-Nasr Clothing & Textiles (KABO)'s EBIT is EGP73.4M making its interest coverage ratio 4.8. It has cash and short-term investments of EGP181.0M.
Key information
25.7%
Debt to equity ratio
ج.م266.01m
Debt
| Interest coverage ratio | 4.8x |
| Cash | ج.م180.96m |
| Equity | ج.م1.04b |
| Total liabilities | ج.م624.76m |
| Total assets | ج.م1.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KABO's short term assets (EGP879.9M) exceed its short term liabilities (EGP519.8M).
Long Term Liabilities: KABO's short term assets (EGP879.9M) exceed its long term liabilities (EGP105.0M).
Debt to Equity History and Analysis
Debt Level: KABO's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: KABO's debt to equity ratio has reduced from 35.9% to 25.7% over the past 5 years.
Debt Coverage: KABO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KABO's interest payments on its debt are well covered by EBIT (4.8x coverage).