Eastern CompanyE Balance Sheet Health
Financial Health criteria checks 5/6
Eastern CompanyE has a total shareholder equity of EGP8.9B and total debt of EGP65.0K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are EGP34.6B and EGP25.6B respectively. Eastern CompanyE's EBIT is EGP9.4B making its interest coverage ratio -2.5. It has cash and short-term investments of EGP16.4B.
Key information
0.0007%
Debt to equity ratio
ج.م65.00k
Debt
| Interest coverage ratio | -2.5x |
| Cash | ج.م16.41b |
| Equity | ج.م8.93b |
| Total liabilities | ج.م25.65b |
| Total assets | ج.م34.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EAST's short term assets (EGP29.0B) exceed its short term liabilities (EGP25.2B).
Long Term Liabilities: EAST's short term assets (EGP29.0B) exceed its long term liabilities (EGP475.0M).
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 0% over the past 5 years.
Debt Coverage: EAST's debt is well covered by operating cash flow (9821675.4%).
Interest Coverage: EAST earns more interest than it pays, so coverage of interest payments is not a concern.