El-Nasr Clothing & Textiles (KABO) Balance Sheet Health
Financial Health criteria checks 6/6
El-Nasr Clothing & Textiles (KABO) has a total shareholder equity of EGP937.8M and total debt of EGP196.8M, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are EGP1.5B and EGP540.9M respectively. El-Nasr Clothing & Textiles (KABO)'s EBIT is EGP132.2M making its interest coverage ratio -10.3. It has cash and short-term investments of EGP155.6M.
Key information
21.0%
Debt to equity ratio
ج.م196.79m
Debt
| Interest coverage ratio | -10.3x |
| Cash | ج.م155.63m |
| Equity | ج.م937.84m |
| Total liabilities | ج.م540.92m |
| Total assets | ج.م1.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KABO's short term assets (EGP759.1M) exceed its short term liabilities (EGP439.1M).
Long Term Liabilities: KABO's short term assets (EGP759.1M) exceed its long term liabilities (EGP101.8M).
Debt to Equity History and Analysis
Debt Level: KABO's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: KABO's debt to equity ratio has reduced from 29.5% to 21% over the past 5 years.
Debt Coverage: KABO's debt is well covered by operating cash flow (40.6%).
Interest Coverage: KABO earns more interest than it pays, so coverage of interest payments is not a concern.