Reacap Financial Investments Balance Sheet Health
Financial Health criteria checks 6/6
Reacap Financial Investments has a total shareholder equity of EGP958.8M and total debt of EGP1.6M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are EGP1.3B and EGP306.4M respectively. Reacap Financial Investments's EBIT is EGP45.8M making its interest coverage ratio 34.5. It has cash and short-term investments of EGP191.4M.
Key information
0.2%
Debt to equity ratio
ج.م1.57m
Debt
Interest coverage ratio | 34.5x |
Cash | ج.م191.45m |
Equity | ج.م958.76m |
Total liabilities | ج.م306.44m |
Total assets | ج.م1.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REAC's short term assets (EGP793.3M) exceed its short term liabilities (EGP297.5M).
Long Term Liabilities: REAC's short term assets (EGP793.3M) exceed its long term liabilities (EGP8.9M).
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 0.2% over the past 5 years.
Debt Coverage: REAC's debt is well covered by operating cash flow (1180.1%).
Interest Coverage: REAC's interest payments on its debt are well covered by EBIT (34.5x coverage).