Eastern CompanyE Balance Sheet Health
Financial Health criteria checks 4/6
Eastern CompanyE has a total shareholder equity of EGP9.8B and total debt of EGP765.1M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are EGP20.0B and EGP10.2B respectively. Eastern CompanyE's EBIT is EGP6.7B making its interest coverage ratio -3.2. It has cash and short-term investments of EGP7.4B.
Key information
7.8%
Debt to equity ratio
ج.م765.14m
Debt
| Interest coverage ratio | -3.2x |
| Cash | ج.م7.39b |
| Equity | ج.م9.79b |
| Total liabilities | ج.م10.18b |
| Total assets | ج.م19.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EAST's short term assets (EGP13.0B) exceed its short term liabilities (EGP9.5B).
Long Term Liabilities: EAST's short term assets (EGP13.0B) exceed its long term liabilities (EGP689.5M).
Debt to Equity History and Analysis
Debt Level: EAST has more cash than its total debt.
Reducing Debt: EAST's debt to equity ratio has increased from 0% to 7.8% over the past 5 years.
Debt Coverage: EAST's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: EAST earns more interest than it pays, so coverage of interest payments is not a concern.