Al Ahly for Development & Investment Balance Sheet Health
Financial Health criteria checks 1/6
Al Ahly for Development & Investment has a total shareholder equity of EGP284.1M and total debt of EGP1.5B, which brings its debt-to-equity ratio to 537%. Its total assets and total liabilities are EGP1.9B and EGP1.6B respectively. Al Ahly for Development & Investment's EBIT is EGP54.3M making its interest coverage ratio 1.4. It has cash and short-term investments of EGP201.2M.
Key information
537.0%
Debt to equity ratio
ج.م1.53b
Debt
| Interest coverage ratio | 1.4x |
| Cash | ج.م201.21m |
| Equity | ج.م284.08m |
| Total liabilities | ج.م1.57b |
| Total assets | ج.م1.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFDI's short term assets (EGP664.8M) exceed its short term liabilities (EGP377.9M).
Long Term Liabilities: AFDI's short term assets (EGP664.8M) do not cover its long term liabilities (EGP1.2B).
Debt to Equity History and Analysis
Debt Level: AFDI's net debt to equity ratio (466.2%) is considered high.
Reducing Debt: AFDI's debt to equity ratio has increased from 236.2% to 537% over the past 5 years.
Debt Coverage: AFDI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AFDI's interest payments on its debt are not well covered by EBIT (1.4x coverage).