AJWA For Food Industries Egypt Balance Sheet Health
Financial Health criteria checks 5/6
AJWA For Food Industries Egypt has a total shareholder equity of EGP1.4B and total debt of EGP58.2M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are EGP4.0B and EGP2.6B respectively. AJWA For Food Industries Egypt's EBIT is EGP96.2M making its interest coverage ratio -106.9. It has cash and short-term investments of EGP191.4M.
Key information
4.3%
Debt to equity ratio
ج.م58.16m
Debt
Interest coverage ratio | -106.9x |
Cash | ج.م191.42m |
Equity | ج.م1.35b |
Total liabilities | ج.م2.63b |
Total assets | ج.م3.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AJWA's short term assets (EGP1.0B) do not cover its short term liabilities (EGP2.3B).
Long Term Liabilities: AJWA's short term assets (EGP1.0B) exceed its long term liabilities (EGP291.4M).
Debt to Equity History and Analysis
Debt Level: AJWA has more cash than its total debt.
Reducing Debt: AJWA's debt to equity ratio has reduced from 4.3% to 4.3% over the past 5 years.
Debt Coverage: AJWA's debt is well covered by operating cash flow (205%).
Interest Coverage: AJWA earns more interest than it pays, so coverage of interest payments is not a concern.