Pioneers Properties for Urban Development Balance Sheet Health
Financial Health criteria checks 2/6
Pioneers Properties for Urban Development has a total shareholder equity of EGP10.1B and total debt of EGP8.9B, which brings its debt-to-equity ratio to 88.7%. Its total assets and total liabilities are EGP43.6B and EGP33.5B respectively. Pioneers Properties for Urban Development's EBIT is EGP1.0B making its interest coverage ratio 1.1. It has cash and short-term investments of EGP2.3B.
Key information
88.7%
Debt to equity ratio
ج.م8.93b
Debt
Interest coverage ratio | 1.1x |
Cash | ج.م2.28b |
Equity | ج.م10.06b |
Total liabilities | ج.م33.49b |
Total assets | ج.م43.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRDC's short term assets (EGP40.7B) exceed its short term liabilities (EGP17.4B).
Long Term Liabilities: PRDC's short term assets (EGP40.7B) exceed its long term liabilities (EGP16.1B).
Debt to Equity History and Analysis
Debt Level: PRDC's net debt to equity ratio (66.1%) is considered high.
Reducing Debt: Insufficient data to determine if PRDC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PRDC's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: PRDC's interest payments on its debt are not well covered by EBIT (1.1x coverage).