Remco Tourism Villages Construction Balance Sheet Health
Financial Health criteria checks 2/6
Remco Tourism Villages Construction has a total shareholder equity of EGP2.1B and total debt of EGP1.5B, which brings its debt-to-equity ratio to 70.9%. Its total assets and total liabilities are EGP8.8B and EGP6.7B respectively. Remco Tourism Villages Construction's EBIT is EGP226.3M making its interest coverage ratio -258.1. It has cash and short-term investments of EGP44.8M.
Key information
70.9%
Debt to equity ratio
ج.م1.46b
Debt
| Interest coverage ratio | -258.1x |
| Cash | ج.م44.76m |
| Equity | ج.م2.06b |
| Total liabilities | ج.م6.70b |
| Total assets | ج.م8.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RTVC's short term assets (EGP6.0B) exceed its short term liabilities (EGP6.0B).
Long Term Liabilities: RTVC's short term assets (EGP6.0B) exceed its long term liabilities (EGP745.8M).
Debt to Equity History and Analysis
Debt Level: RTVC's net debt to equity ratio (68.7%) is considered high.
Reducing Debt: RTVC's debt to equity ratio has increased from 28.3% to 70.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if RTVC has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RTVC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.