Oriental Weavers Carpets Company (S.A.E) Balance Sheet Health
Financial Health criteria checks 5/6
Oriental Weavers Carpets Company (S.A.E) has a total shareholder equity of EGP19.9B and total debt of EGP7.8B, which brings its debt-to-equity ratio to 39%. Its total assets and total liabilities are EGP32.9B and EGP13.0B respectively. Oriental Weavers Carpets Company (S.A.E)'s EBIT is EGP2.4B making its interest coverage ratio -6.4. It has cash and short-term investments of EGP6.1B.
Key information
39.0%
Debt to equity ratio
ج.م7.77b
Debt
| Interest coverage ratio | -6.4x |
| Cash | ج.م6.09b |
| Equity | ج.م19.93b |
| Total liabilities | ج.م12.97b |
| Total assets | ج.م32.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORWE's short term assets (EGP22.4B) exceed its short term liabilities (EGP12.2B).
Long Term Liabilities: ORWE's short term assets (EGP22.4B) exceed its long term liabilities (EGP774.2M).
Debt to Equity History and Analysis
Debt Level: ORWE's net debt to equity ratio (8.4%) is considered satisfactory.
Reducing Debt: ORWE's debt to equity ratio has increased from 37.4% to 39% over the past 5 years.
Debt Coverage: ORWE's debt is well covered by operating cash flow (40.3%).
Interest Coverage: ORWE earns more interest than it pays, so coverage of interest payments is not a concern.