Alexandria Spinning & Weaving Balance Sheet Health
Financial Health criteria checks 5/6
Alexandria Spinning & Weaving has a total shareholder equity of EGP782.9M and total debt of EGP191.4M, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are EGP1.1B and EGP296.0M respectively. Alexandria Spinning & Weaving's EBIT is EGP16.5M making its interest coverage ratio 60.9. It has cash and short-term investments of EGP129.1M.
Key information
24.4%
Debt to equity ratio
ج.م191.40m
Debt
| Interest coverage ratio | 60.9x |
| Cash | ج.م129.10m |
| Equity | ج.م782.86m |
| Total liabilities | ج.م295.97m |
| Total assets | ج.م1.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPIN's short term assets (EGP596.7M) exceed its short term liabilities (EGP217.3M).
Long Term Liabilities: SPIN's short term assets (EGP596.7M) exceed its long term liabilities (EGP78.7M).
Debt to Equity History and Analysis
Debt Level: SPIN's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: SPIN's debt to equity ratio has reduced from 26.7% to 24.4% over the past 5 years.
Debt Coverage: SPIN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SPIN's interest payments on its debt are well covered by EBIT (60.9x coverage).