Reacap Financial Investments Balance Sheet Health
Financial Health criteria checks 4/6
Reacap Financial Investments has a total shareholder equity of EGP922.8M and total debt of EGP1.1M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are EGP1.3B and EGP343.5M respectively. Reacap Financial Investments's EBIT is EGP10.6M making its interest coverage ratio 2.9. It has cash and short-term investments of EGP142.4M.
Debt to equity ratio
|Interest coverage ratio||2.9x|
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: REAC's short term assets (EGP723.7M) exceed its short term liabilities (EGP329.4M).
Long Term Liabilities: REAC's short term assets (EGP723.7M) exceed its long term liabilities (EGP14.1M).
Debt to Equity History and Analysis
Debt Level: REAC has more cash than its total debt.
Reducing Debt: REAC's debt to equity ratio has reduced from 0.4% to 0.1% over the past 5 years.
Debt Coverage: REAC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: REAC's interest payments on its debt are not well covered by EBIT (2.9x coverage).