Arabian Food Industries Company (DOMTY) -E Balance Sheet Health
Financial Health criteria checks 2/6
Arabian Food Industries Company (DOMTY) -E has a total shareholder equity of EGP1.5B and total debt of EGP1.9B, which brings its debt-to-equity ratio to 127.6%. Its total assets and total liabilities are EGP4.5B and EGP3.0B respectively. Arabian Food Industries Company (DOMTY) -E's EBIT is EGP1.0B making its interest coverage ratio 2.6. It has cash and short-term investments of EGP682.1M.
Key information
127.6%
Debt to equity ratio
ج.م1.94b
Debt
| Interest coverage ratio | 2.6x |
| Cash | ج.م682.06m |
| Equity | ج.م1.52b |
| Total liabilities | ج.م2.95b |
| Total assets | ج.م4.47b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DOMT's short term assets (EGP3.5B) exceed its short term liabilities (EGP2.8B).
Long Term Liabilities: DOMT's short term assets (EGP3.5B) exceed its long term liabilities (EGP126.9M).
Debt to Equity History and Analysis
Debt Level: DOMT's net debt to equity ratio (82.8%) is considered high.
Reducing Debt: DOMT's debt to equity ratio has increased from 97.9% to 127.6% over the past 5 years.
Debt Coverage: DOMT's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: DOMT's interest payments on its debt are not well covered by EBIT (2.6x coverage).