Suez Canal Company for Technology Settling (S.A.E) Balance Sheet Health
Financial Health criteria checks 5/6
Suez Canal Company for Technology Settling (S.A.E) has a total shareholder equity of EGP2.8B and total debt of EGP7.7M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are EGP5.2B and EGP2.3B respectively. Suez Canal Company for Technology Settling (S.A.E)'s EBIT is EGP954.4M making its interest coverage ratio -3.2. It has cash and short-term investments of EGP2.6B.
Key information
0.3%
Debt to equity ratio
ج.م7.65m
Debt
Interest coverage ratio | -3.2x |
Cash | ج.م2.58b |
Equity | ج.م2.83b |
Total liabilities | ج.م2.35b |
Total assets | ج.م5.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCTS's short term assets (EGP3.4B) exceed its short term liabilities (EGP2.2B).
Long Term Liabilities: SCTS's short term assets (EGP3.4B) exceed its long term liabilities (EGP151.6M).
Debt to Equity History and Analysis
Debt Level: SCTS has more cash than its total debt.
Reducing Debt: SCTS's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.
Debt Coverage: SCTS's debt is well covered by operating cash flow (10464%).
Interest Coverage: SCTS earns more interest than it pays, so coverage of interest payments is not a concern.