Egyptian Modern Education SystemsE Balance Sheet Health
Financial Health criteria checks 3/6
Egyptian Modern Education SystemsE has a total shareholder equity of EGP118.0M and total debt of EGP58.4M, which brings its debt-to-equity ratio to 49.5%. Its total assets and total liabilities are EGP189.0M and EGP71.0M respectively. Egyptian Modern Education SystemsE's EBIT is EGP6.4M making its interest coverage ratio 36.7. It has cash and short-term investments of EGP1.1M.
Key information
49.5%
Debt to equity ratio
ج.م58.37m
Debt
| Interest coverage ratio | 36.7x |
| Cash | ج.م1.07m |
| Equity | ج.م118.01m |
| Total liabilities | ج.م71.01m |
| Total assets | ج.م189.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MOED's short term assets (EGP10.2M) exceed its short term liabilities (EGP5.3M).
Long Term Liabilities: MOED's short term assets (EGP10.2M) do not cover its long term liabilities (EGP65.7M).
Debt to Equity History and Analysis
Debt Level: MOED's net debt to equity ratio (48.6%) is considered high.
Reducing Debt: MOED's debt to equity ratio has reduced from 84.8% to 49.5% over the past 5 years.
Debt Coverage: MOED's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: MOED's interest payments on its debt are well covered by EBIT (36.7x coverage).