Fawry for Banking Technology and Electronic PaymentsE Balance Sheet Health
Financial Health criteria checks 5/6
Fawry for Banking Technology and Electronic PaymentsE has a total shareholder equity of EGP3.5B and total debt of EGP946.3M, which brings its debt-to-equity ratio to 27.3%. Its total assets and total liabilities are EGP9.0B and EGP5.5B respectively. Fawry for Banking Technology and Electronic PaymentsE's EBIT is EGP606.6M making its interest coverage ratio -1.4. It has cash and short-term investments of EGP5.1B.
Key information
27.3%
Debt to equity ratio
ج.م946.29m
Debt
| Interest coverage ratio | -1.4x |
| Cash | ج.م5.12b |
| Equity | ج.م3.47b |
| Total liabilities | ج.م5.50b |
| Total assets | ج.م8.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FWRY's short term assets (EGP7.0B) exceed its short term liabilities (EGP5.2B).
Long Term Liabilities: FWRY's short term assets (EGP7.0B) exceed its long term liabilities (EGP290.5M).
Debt to Equity History and Analysis
Debt Level: FWRY has more cash than its total debt.
Reducing Debt: FWRY's debt to equity ratio has increased from 15.9% to 27.3% over the past 5 years.
Debt Coverage: FWRY's debt is well covered by operating cash flow (211.2%).
Interest Coverage: FWRY earns more interest than it pays, so coverage of interest payments is not a concern.