Egyptian Modern Education SystemsE Balance Sheet Health
Financial Health criteria checks 5/6
Egyptian Modern Education SystemsE has a total shareholder equity of EGP122.8M and total debt of EGP422.8K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are EGP193.9M and EGP71.1M respectively. Egyptian Modern Education SystemsE's EBIT is EGP12.7M making its interest coverage ratio 58.8. It has cash and short-term investments of EGP2.7M.
Key information
0.3%
Debt to equity ratio
ج.م422.77k
Debt
| Interest coverage ratio | 58.8x |
| Cash | ج.م2.70m |
| Equity | ج.م122.76m |
| Total liabilities | ج.م71.13m |
| Total assets | ج.م193.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MOED's short term assets (EGP12.4M) exceed its short term liabilities (EGP7.1M).
Long Term Liabilities: MOED's short term assets (EGP12.4M) do not cover its long term liabilities (EGP64.0M).
Debt to Equity History and Analysis
Debt Level: MOED has more cash than its total debt.
Reducing Debt: MOED's debt to equity ratio has reduced from 104.3% to 0.3% over the past 5 years.
Debt Coverage: MOED's debt is well covered by operating cash flow (3951.3%).
Interest Coverage: MOED's interest payments on its debt are well covered by EBIT (58.8x coverage).