Al Tawfeek Leasing Balance Sheet Health
Financial Health criteria checks 4/6
Al Tawfeek Leasing has a total shareholder equity of EGP732.9M and total debt of EGP607.9M, which brings its debt-to-equity ratio to 82.9%. Its total assets and total liabilities are EGP6.1B and EGP5.4B respectively.
Key information
82.9%
Debt to equity ratio
ج.م607.88m
Debt
| Interest coverage ratio | n/a |
| Cash | ج.م307.43m |
| Equity | ج.م732.94m |
| Total liabilities | ج.م5.36b |
| Total assets | ج.م6.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATLC's short term assets (EGP6.0B) exceed its short term liabilities (EGP1.8B).
Long Term Liabilities: ATLC's short term assets (EGP6.0B) exceed its long term liabilities (EGP3.5B).
Debt to Equity History and Analysis
Debt Level: ATLC's net debt to equity ratio (41%) is considered high.
Reducing Debt: ATLC's debt to equity ratio has reduced from 828.1% to 82.9% over the past 5 years.
Debt Coverage: ATLC's debt is well covered by operating cash flow (209.7%).
Interest Coverage: Insufficient data to determine if ATLC's interest payments on its debt are well covered by EBIT.