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 EGP14.2B and total debt of EGP5.3B, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are EGP23.1B and EGP8.9B respectively. Oriental Weavers Carpets Company (S.A.E)'s EBIT is EGP1.7B making its interest coverage ratio 25.6. It has cash and short-term investments of EGP4.6B.
Key information
37.1%
Debt to equity ratio
ج.م5.25b
Debt
Interest coverage ratio | 25.6x |
Cash | ج.م4.57b |
Equity | ج.م14.17b |
Total liabilities | ج.م8.94b |
Total assets | ج.م23.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORWE's short term assets (EGP15.4B) exceed its short term liabilities (EGP8.1B).
Long Term Liabilities: ORWE's short term assets (EGP15.4B) exceed its long term liabilities (EGP794.3M).
Debt to Equity History and Analysis
Debt Level: ORWE's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: ORWE's debt to equity ratio has increased from 34.6% to 37.1% over the past 5 years.
Debt Coverage: ORWE's debt is well covered by operating cash flow (59.7%).
Interest Coverage: ORWE's interest payments on its debt are well covered by EBIT (25.6x coverage).