Cairo for Investment & Real Estate DevelopmentE Balance Sheet Health
Financial Health criteria checks 1/6
Cairo for Investment & Real Estate DevelopmentE has a total shareholder equity of EGP1.9B and total debt of EGP3.2B, which brings its debt-to-equity ratio to 167.2%. Its total assets and total liabilities are EGP9.0B and EGP7.1B respectively. Cairo for Investment & Real Estate DevelopmentE's EBIT is EGP942.0M making its interest coverage ratio 1.9. It has cash and short-term investments of EGP1.1B.
Key information
167.2%
Debt to equity ratio
ج.م3.21b
Debt
Interest coverage ratio | 1.9x |
Cash | ج.م1.06b |
Equity | ج.م1.92b |
Total liabilities | ج.م7.08b |
Total assets | ج.م8.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CIRA's short term assets (EGP2.0B) do not cover its short term liabilities (EGP3.1B).
Long Term Liabilities: CIRA's short term assets (EGP2.0B) do not cover its long term liabilities (EGP4.0B).
Debt to Equity History and Analysis
Debt Level: CIRA's net debt to equity ratio (111.9%) is considered high.
Reducing Debt: CIRA's debt to equity ratio has increased from 1.4% to 167.2% over the past 5 years.
Debt Coverage: CIRA's debt is well covered by operating cash flow (36.3%).
Interest Coverage: CIRA's interest payments on its debt are not well covered by EBIT (1.9x coverage).