Atlas for Investment & Food Industries Balance Sheet Health
Financial Health criteria checks 4/6
Atlas for Investment & Food Industries has a total shareholder equity of EGP80.4M and total debt of EGP2.9M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are EGP122.7M and EGP42.3M respectively. Atlas for Investment & Food Industries's EBIT is EGP1.4M making its interest coverage ratio 1.3. It has cash and short-term investments of EGP5.4M.
Key information
3.6%
Debt to equity ratio
ج.م2.86m
Debt
Interest coverage ratio | 1.3x |
Cash | ج.م5.42m |
Equity | ج.م80.39m |
Total liabilities | ج.م42.28m |
Total assets | ج.م122.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALRA's short term assets (EGP43.3M) exceed its short term liabilities (EGP22.0M).
Long Term Liabilities: ALRA's short term assets (EGP43.3M) exceed its long term liabilities (EGP20.3M).
Debt to Equity History and Analysis
Debt Level: ALRA has more cash than its total debt.
Reducing Debt: ALRA's debt to equity ratio has increased from 0.2% to 3.6% over the past 5 years.
Debt Coverage: ALRA's debt is well covered by operating cash flow (460.3%).
Interest Coverage: ALRA's interest payments on its debt are not well covered by EBIT (1.3x coverage).