Orascom Development EgyptE Balance Sheet Health
Financial Health criteria checks 5/6
Orascom Development EgyptE has a total shareholder equity of EGP10.0B and total debt of EGP8.6B, which brings its debt-to-equity ratio to 86.6%. Its total assets and total liabilities are EGP39.2B and EGP29.3B respectively. Orascom Development EgyptE's EBIT is EGP4.5B making its interest coverage ratio 8.2. It has cash and short-term investments of EGP5.2B.
Key information
86.6%
Debt to equity ratio
ج.م8.63b
Debt
Interest coverage ratio | 8.2x |
Cash | ج.م5.16b |
Equity | ج.م9.97b |
Total liabilities | ج.م29.27b |
Total assets | ج.م39.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORHD's short term assets (EGP25.6B) exceed its short term liabilities (EGP14.0B).
Long Term Liabilities: ORHD's short term assets (EGP25.6B) exceed its long term liabilities (EGP15.3B).
Debt to Equity History and Analysis
Debt Level: ORHD's net debt to equity ratio (34.8%) is considered satisfactory.
Reducing Debt: ORHD's debt to equity ratio has reduced from 185.5% to 86.6% over the past 5 years.
Debt Coverage: ORHD's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: ORHD's interest payments on its debt are well covered by EBIT (8.2x coverage).