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 EGP3.9B and total debt of EGP2.6B, which brings its debt-to-equity ratio to 66.9%. Its total assets and total liabilities are EGP8.9B and EGP5.1B respectively. Edita Food Industries Company (S.A.E)'s EBIT is EGP2.3B making its interest coverage ratio 19.1. It has cash and short-term investments of EGP878.7M.
Key information
66.9%
Debt to equity ratio
ج.م2.59b
Debt
| Interest coverage ratio | 19.1x |
| Cash | ج.م878.67m |
| Equity | ج.م3.87b |
| Total liabilities | ج.م5.08b |
| Total assets | ج.م8.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EFID's short term assets (EGP4.3B) exceed its short term liabilities (EGP2.7B).
Long Term Liabilities: EFID's short term assets (EGP4.3B) exceed its long term liabilities (EGP2.3B).
Debt to Equity History and Analysis
Debt Level: EFID's net debt to equity ratio (44.2%) is considered high.
Reducing Debt: EFID's debt to equity ratio has reduced from 72.4% to 66.9% over the past 5 years.
Debt Coverage: EFID's debt is well covered by operating cash flow (35%).
Interest Coverage: EFID's interest payments on its debt are well covered by EBIT (19.1x coverage).