Al Tawfeek Leasing Balance Sheet Health
Financial Health criteria checks 3/6
Al Tawfeek Leasing has a total shareholder equity of EGP661.6M and total debt of EGP509.3M, which brings its debt-to-equity ratio to 77%. Its total assets and total liabilities are EGP4.5B and EGP3.9B respectively.
Key information
77.0%
Debt to equity ratio
ج.م509.27m
Debt
Interest coverage ratio | n/a |
Cash | ج.م156.50m |
Equity | ج.م661.58m |
Total liabilities | ج.م3.85b |
Total assets | ج.م4.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATLC's short term assets (EGP4.3B) exceed its short term liabilities (EGP1.3B).
Long Term Liabilities: ATLC's short term assets (EGP4.3B) exceed its long term liabilities (EGP2.6B).
Debt to Equity History and Analysis
Debt Level: ATLC's net debt to equity ratio (53.3%) is considered high.
Reducing Debt: ATLC's debt to equity ratio has reduced from 816.9% to 77% over the past 5 years.
Debt Coverage: ATLC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ATLC's interest payments on its debt are well covered by EBIT.