Gadwa for Industrial Development Balance Sheet Health
Financial Health criteria checks 2/6
Gadwa for Industrial Development has a total shareholder equity of EGP4.5B and total debt of EGP7.9B, which brings its debt-to-equity ratio to 175.3%. Its total assets and total liabilities are EGP17.3B and EGP12.8B respectively. Gadwa for Industrial Development's EBIT is EGP4.1B making its interest coverage ratio 2.9. It has cash and short-term investments of EGP953.5M.
Key information
175.3%
Debt to equity ratio
ج.م7.85b
Debt
| Interest coverage ratio | 2.9x |
| Cash | ج.م953.54m |
| Equity | ج.م4.48b |
| Total liabilities | ج.م12.78b |
| Total assets | ج.م17.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GDWA's short term assets (EGP14.0B) exceed its short term liabilities (EGP12.0B).
Long Term Liabilities: GDWA's short term assets (EGP14.0B) exceed its long term liabilities (EGP774.5M).
Debt to Equity History and Analysis
Debt Level: GDWA's net debt to equity ratio (154%) 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 not well covered by EBIT (2.9x coverage).