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 EGP13.5B and total debt of EGP10.0B, which brings its debt-to-equity ratio to 73.9%. Its total assets and total liabilities are EGP53.8B and EGP40.2B respectively. Pioneers Properties for Urban Development's EBIT is EGP891.8M making its interest coverage ratio 0.6. It has cash and short-term investments of EGP3.9B.
Key information
73.9%
Debt to equity ratio
ج.م9.99b
Debt
| Interest coverage ratio | 0.6x |
| Cash | ج.م3.91b |
| Equity | ج.م13.52b |
| Total liabilities | ج.م40.24b |
| Total assets | ج.م53.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRDC's short term assets (EGP46.7B) exceed its short term liabilities (EGP20.9B).
Long Term Liabilities: PRDC's short term assets (EGP46.7B) exceed its long term liabilities (EGP19.3B).
Debt to Equity History and Analysis
Debt Level: PRDC's net debt to equity ratio (45%) 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 (16%).
Interest Coverage: PRDC's interest payments on its debt are not well covered by EBIT (0.6x coverage).