Arab Dairy Products Balance Sheet Health
Financial Health criteria checks 3/6
Arab Dairy Products has a total shareholder equity of EGP541.0M and total debt of EGP604.9M, which brings its debt-to-equity ratio to 111.8%. Its total assets and total liabilities are EGP1.6B and EGP1.1B respectively. Arab Dairy Products's EBIT is EGP271.1M making its interest coverage ratio 2. It has cash and short-term investments of EGP121.2M.
Key information
111.8%
Debt to equity ratio
ج.م604.90m
Debt
| Interest coverage ratio | 2x |
| Cash | ج.م121.21m |
| Equity | ج.م540.99m |
| Total liabilities | ج.م1.08b |
| Total assets | ج.م1.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADPC's short term assets (EGP1.3B) exceed its short term liabilities (EGP862.1M).
Long Term Liabilities: ADPC's short term assets (EGP1.3B) exceed its long term liabilities (EGP215.4M).
Debt to Equity History and Analysis
Debt Level: ADPC's net debt to equity ratio (89.4%) is considered high.
Reducing Debt: ADPC's debt to equity ratio has reduced from 647.1% to 111.8% over the past 5 years.
Debt Coverage: ADPC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ADPC's interest payments on its debt are not well covered by EBIT (2x coverage).