Orascom Development EgyptE Balance Sheet Health
Financial Health criteria checks 5/6
Orascom Development EgyptE has a total shareholder equity of EGP10.9B and total debt of EGP11.9B, which brings its debt-to-equity ratio to 109.1%. Its total assets and total liabilities are EGP47.0B and EGP36.1B respectively. Orascom Development EgyptE's EBIT is EGP6.3B making its interest coverage ratio 10.1. It has cash and short-term investments of EGP6.8B.
Key information
109.1%
Debt to equity ratio
ج.م11.90b
Debt
| Interest coverage ratio | 10.1x |
| Cash | ج.م6.80b |
| Equity | ج.م10.90b |
| Total liabilities | ج.م36.14b |
| Total assets | ج.م47.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORHD's short term assets (EGP30.9B) exceed its short term liabilities (EGP15.6B).
Long Term Liabilities: ORHD's short term assets (EGP30.9B) exceed its long term liabilities (EGP20.6B).
Debt to Equity History and Analysis
Debt Level: ORHD's net debt to equity ratio (46.8%) is considered high.
Reducing Debt: ORHD's debt to equity ratio has reduced from 128.1% to 109.1% over the past 5 years.
Debt Coverage: ORHD's debt is well covered by operating cash flow (39.9%).
Interest Coverage: ORHD's interest payments on its debt are well covered by EBIT (10.1x coverage).