Alexandria Spinning & Weaving Balance Sheet Health
Financial Health criteria checks 5/6
Alexandria Spinning & Weaving has a total shareholder equity of EGP741.3M and total debt of EGP34.7M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are EGP966.3M and EGP224.9M respectively. Alexandria Spinning & Weaving's EBIT is EGP67.8M making its interest coverage ratio 237.9. It has cash and short-term investments of EGP79.6M.
Key information
4.7%
Debt to equity ratio
ج.م34.70m
Debt
Interest coverage ratio | 237.9x |
Cash | ج.م79.60m |
Equity | ج.م741.34m |
Total liabilities | ج.م224.94m |
Total assets | ج.م966.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPIN's short term assets (EGP481.8M) exceed its short term liabilities (EGP167.1M).
Long Term Liabilities: SPIN's short term assets (EGP481.8M) exceed its long term liabilities (EGP57.8M).
Debt to Equity History and Analysis
Debt Level: SPIN has more cash than its total debt.
Reducing Debt: SPIN's debt to equity ratio has reduced from 24.8% to 4.7% 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 (237.9x coverage).