Contact Financial HoldingE Balance Sheet Health
Financial Health criteria checks 2/6
Contact Financial HoldingE has a total shareholder equity of EGP2.8B and total debt of EGP7.7B, which brings its debt-to-equity ratio to 277.8%. Its total assets and total liabilities are EGP13.2B and EGP10.4B respectively.
Key information
277.8%
Debt to equity ratio
ج.م7.69b
Debt
Interest coverage ratio | n/a |
Cash | ج.م865.71m |
Equity | ج.م2.77b |
Total liabilities | ج.م10.43b |
Total assets | ج.م13.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNFN's short term assets (EGP11.1B) exceed its short term liabilities (EGP4.0B).
Long Term Liabilities: CNFN's short term assets (EGP11.1B) exceed its long term liabilities (EGP6.5B).
Debt to Equity History and Analysis
Debt Level: CNFN's net debt to equity ratio (246.5%) is considered high.
Reducing Debt: CNFN's debt to equity ratio has increased from 81.7% to 277.8% over the past 5 years.
Debt Coverage: CNFN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CNFN's interest payments on its debt are well covered by EBIT.