Golden Coast Balance Sheet Health
Financial Health criteria checks 3/6
Golden Coast has a total shareholder equity of EGP119.8M and total debt of EGP18.5M, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are EGP203.6M and EGP83.8M respectively.
Key information
15.5%
Debt to equity ratio
ج.م18.54m
Debt
Interest coverage ratio | n/a |
Cash | ج.م2.15m |
Equity | ج.م119.80m |
Total liabilities | ج.م83.84m |
Total assets | ج.م203.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GOCO's short term assets (EGP60.3M) do not cover its short term liabilities (EGP83.5M).
Long Term Liabilities: GOCO's short term assets (EGP60.3M) exceed its long term liabilities (EGP349.6K).
Debt to Equity History and Analysis
Debt Level: GOCO's net debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: GOCO's debt to equity ratio has reduced from 23.6% to 15.5% over the past 5 years.
Debt Coverage: GOCO's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: Insufficient data to determine if GOCO's interest payments on its debt are well covered by EBIT.