Cairo Oil & Soap Balance Sheet Health
Financial Health criteria checks 3/6
Cairo Oil & Soap has a total shareholder equity of EGP322.9M and total debt of EGP138.2M, which brings its debt-to-equity ratio to 42.8%. Its total assets and total liabilities are EGP682.9M and EGP360.0M respectively. Cairo Oil & Soap's EBIT is EGP64.6M making its interest coverage ratio 1.6. It has cash and short-term investments of EGP26.4M.
Key information
42.8%
Debt to equity ratio
ج.م138.24m
Debt
| Interest coverage ratio | 1.6x |
| Cash | ج.م26.39m |
| Equity | ج.م322.89m |
| Total liabilities | ج.م360.04m |
| Total assets | ج.م682.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COSG's short term assets (EGP229.7M) do not cover its short term liabilities (EGP272.1M).
Long Term Liabilities: COSG's short term assets (EGP229.7M) exceed its long term liabilities (EGP87.9M).
Debt to Equity History and Analysis
Debt Level: COSG's net debt to equity ratio (34.6%) is considered satisfactory.
Reducing Debt: COSG's debt to equity ratio has reduced from 3255.1% to 42.8% over the past 5 years.
Debt Coverage: COSG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: COSG's interest payments on its debt are not well covered by EBIT (1.6x coverage).