International Company for Agricultural Crops Balance Sheet Health
Financial Health criteria checks 6/6
International Company for Agricultural Crops has a total shareholder equity of EGP905.0M and total debt of EGP156.4M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are EGP1.4B and EGP464.5M respectively. International Company for Agricultural Crops's EBIT is EGP182.6M making its interest coverage ratio -37.9. It has cash and short-term investments of EGP215.2M.
Key information
17.3%
Debt to equity ratio
ج.م156.37m
Debt
| Interest coverage ratio | -37.9x |
| Cash | ج.م215.17m |
| Equity | ج.م904.96m |
| Total liabilities | ج.م464.49m |
| Total assets | ج.م1.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IFAP's short term assets (EGP639.9M) exceed its short term liabilities (EGP453.4M).
Long Term Liabilities: IFAP's short term assets (EGP639.9M) exceed its long term liabilities (EGP11.1M).
Debt to Equity History and Analysis
Debt Level: IFAP has more cash than its total debt.
Reducing Debt: IFAP's debt to equity ratio has reduced from 107% to 17.3% over the past 5 years.
Debt Coverage: IFAP's debt is well covered by operating cash flow (67.5%).
Interest Coverage: IFAP earns more interest than it pays, so coverage of interest payments is not a concern.