Arabian Food Industries Company (DOMTY) -E Balance Sheet Health
Financial Health criteria checks 3/6
Arabian Food Industries Company (DOMTY) -E has a total shareholder equity of EGP1.3B and total debt of EGP1.5B, which brings its debt-to-equity ratio to 118.9%. Its total assets and total liabilities are EGP3.6B and EGP2.3B respectively. Arabian Food Industries Company (DOMTY) -E's EBIT is EGP830.4M making its interest coverage ratio 3.7. It has cash and short-term investments of EGP522.5M.
Key information
118.9%
Debt to equity ratio
ج.م1.55b
Debt
| Interest coverage ratio | 3.7x |
| Cash | ج.م522.52m |
| Equity | ج.م1.30b |
| Total liabilities | ج.م2.31b |
| Total assets | ج.م3.61b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DOMT's short term assets (EGP2.8B) exceed its short term liabilities (EGP2.1B).
Long Term Liabilities: DOMT's short term assets (EGP2.8B) exceed its long term liabilities (EGP172.0M).
Debt to Equity History and Analysis
Debt Level: DOMT's net debt to equity ratio (78.7%) is considered high.
Reducing Debt: DOMT's debt to equity ratio has increased from 104.2% to 118.9% over the past 5 years.
Debt Coverage: DOMT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DOMT's interest payments on its debt are well covered by EBIT (3.7x coverage).