Gadwa for Industrial Development Balance Sheet Health
Financial Health criteria checks 3/6
Gadwa for Industrial Development has a total shareholder equity of EGP3.8B and total debt of EGP5.5B, which brings its debt-to-equity ratio to 144.3%. Its total assets and total liabilities are EGP13.0B and EGP9.2B respectively. Gadwa for Industrial Development's EBIT is EGP2.8B making its interest coverage ratio 3.2. It has cash and short-term investments of EGP1.5B.
Key information
144.3%
Debt to equity ratio
ج.م5.46b
Debt
| Interest coverage ratio | 3.2x |
| Cash | ج.م1.49b |
| Equity | ج.م3.79b |
| Total liabilities | ج.م9.24b |
| Total assets | ج.م13.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GDWA's short term assets (EGP10.0B) exceed its short term liabilities (EGP8.4B).
Long Term Liabilities: GDWA's short term assets (EGP10.0B) exceed its long term liabilities (EGP860.3M).
Debt to Equity History and Analysis
Debt Level: GDWA's net debt to equity ratio (105%) is considered high.
Reducing Debt: Insufficient data to determine if GDWA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GDWA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GDWA's interest payments on its debt are well covered by EBIT (3.2x coverage).