SHARM DREAMS for Touristic InvestmentE Balance Sheet Health
Financial Health criteria checks 2/6
SHARM DREAMS for Touristic InvestmentE has a total shareholder equity of EGP335.4M and total debt of EGP1.0B, which brings its debt-to-equity ratio to 312.7%. Its total assets and total liabilities are EGP1.7B and EGP1.3B respectively. SHARM DREAMS for Touristic InvestmentE's EBIT is EGP54.4M making its interest coverage ratio 0.8. It has cash and short-term investments of EGP24.9M.
Key information
312.7%
Debt to equity ratio
ج.م1.05b
Debt
Interest coverage ratio | 0.8x |
Cash | ج.م24.85m |
Equity | ج.م335.37m |
Total liabilities | ج.م1.33b |
Total assets | ج.م1.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SDTI's short term assets (EGP119.7M) do not cover its short term liabilities (EGP203.3M).
Long Term Liabilities: SDTI's short term assets (EGP119.7M) do not cover its long term liabilities (EGP1.1B).
Debt to Equity History and Analysis
Debt Level: SDTI's net debt to equity ratio (305.3%) is considered high.
Reducing Debt: SDTI's debt to equity ratio has increased from 113.8% to 312.7% 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: Whilst unprofitable SDTI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SDTI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 54.8% per year.