Edita Food Industries Company (S.A.E) Balance Sheet Health
Financial Health criteria checks 5/6
Edita Food Industries Company (S.A.E) has a total shareholder equity of EGP3.4B and total debt of EGP2.1B, which brings its debt-to-equity ratio to 61.5%. Its total assets and total liabilities are EGP7.7B and EGP4.3B respectively. Edita Food Industries Company (S.A.E)'s EBIT is EGP2.1B making its interest coverage ratio -1218.3. It has cash and short-term investments of EGP1.4B.
Key information
61.5%
Debt to equity ratio
ج.م2.12b
Debt
| Interest coverage ratio | -1218.3x |
| Cash | ج.م1.36b |
| Equity | ج.م3.45b |
| Total liabilities | ج.م4.30b |
| Total assets | ج.م7.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EFID's short term assets (EGP4.0B) exceed its short term liabilities (EGP2.7B).
Long Term Liabilities: EFID's short term assets (EGP4.0B) exceed its long term liabilities (EGP1.6B).
Debt to Equity History and Analysis
Debt Level: EFID's net debt to equity ratio (22.1%) is considered satisfactory.
Reducing Debt: EFID's debt to equity ratio has increased from 55.7% to 61.5% over the past 5 years.
Debt Coverage: EFID's debt is well covered by operating cash flow (50.4%).
Interest Coverage: EFID earns more interest than it pays, so coverage of interest payments is not a concern.