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 EGP1.8B and total debt of EGP114.1M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are EGP2.3B and EGP566.4M respectively. International Company for Agricultural Crops's EBIT is EGP177.2M making its interest coverage ratio -21.5. It has cash and short-term investments of EGP281.4M.
Key information
6.4%
Debt to equity ratio
ج.م114.09m
Debt
| Interest coverage ratio | -21.5x |
| Cash | ج.م281.40m |
| Equity | ج.م1.77b |
| Total liabilities | ج.م566.45m |
| Total assets | ج.م2.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IFAP's short term assets (EGP784.2M) exceed its short term liabilities (EGP430.1M).
Long Term Liabilities: IFAP's short term assets (EGP784.2M) exceed its long term liabilities (EGP136.3M).
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 89.5% to 6.4% 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.