International Company for Agricultural Crops Balance Sheet Health
Financial Health criteria checks 5/6
International Company for Agricultural Crops has a total shareholder equity of EGP1.2B and total debt of EGP175.3M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are EGP1.6B and EGP437.9M respectively. International Company for Agricultural Crops's EBIT is EGP206.2M making its interest coverage ratio -26.2. It has cash and short-term investments of EGP191.6M.
Key information
14.8%
Debt to equity ratio
ج.م175.28m
Debt
Interest coverage ratio | -26.2x |
Cash | ج.م191.59m |
Equity | ج.م1.19b |
Total liabilities | ج.م437.88m |
Total assets | ج.م1.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IFAP's short term assets (EGP815.5M) exceed its short term liabilities (EGP426.7M).
Long Term Liabilities: IFAP's short term assets (EGP815.5M) exceed its long term liabilities (EGP11.2M).
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 87.5% to 14.8% over the past 5 years.
Debt Coverage: IFAP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: IFAP earns more interest than it pays, so coverage of interest payments is not a concern.