Delta Sugar Balance Sheet Health
Financial Health criteria checks 6/6
Delta Sugar has a total shareholder equity of EGP3.0B and total debt of EGP216.8M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are EGP4.5B and EGP1.5B respectively. Delta Sugar's EBIT is EGP1.8B making its interest coverage ratio -5.7. It has cash and short-term investments of EGP1.5B.
Key information
7.1%
Debt to equity ratio
ج.م216.78m
Debt
Interest coverage ratio | -5.7x |
Cash | ج.م1.47b |
Equity | ج.م3.04b |
Total liabilities | ج.م1.49b |
Total assets | ج.م4.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUGR's short term assets (EGP3.6B) exceed its short term liabilities (EGP1.5B).
Long Term Liabilities: SUGR's short term assets (EGP3.6B) exceed its long term liabilities (EGP6.6M).
Debt to Equity History and Analysis
Debt Level: SUGR has more cash than its total debt.
Reducing Debt: SUGR's debt to equity ratio has reduced from 35.2% to 7.1% over the past 5 years.
Debt Coverage: SUGR's debt is well covered by operating cash flow (166.2%).
Interest Coverage: SUGR earns more interest than it pays, so coverage of interest payments is not a concern.