Extracted Oil & Derivatives Balance Sheet Health
Financial Health criteria checks 6/6
Extracted Oil & Derivatives has a total shareholder equity of EGP254.7M and total debt of EGP0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are EGP1.3B and EGP1.1B respectively. Extracted Oil & Derivatives's EBIT is EGP25.4M making its interest coverage ratio -5.6. It has cash and short-term investments of EGP8.7M.
Key information
0%
Debt to equity ratio
ج.م0
Debt
| Interest coverage ratio | -5.6x |
| Cash | ج.م8.71m |
| Equity | ج.م254.74m |
| Total liabilities | ج.م1.07b |
| Total assets | ج.م1.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZEOT's short term assets (EGP1.2B) exceed its short term liabilities (EGP1.1B).
Long Term Liabilities: ZEOT's short term assets (EGP1.2B) exceed its long term liabilities (EGP7.6M).
Debt to Equity History and Analysis
Debt Level: ZEOT is debt free.
Reducing Debt: ZEOT has no debt compared to 5 years ago when its debt to equity ratio was 1.6%.
Debt Coverage: ZEOT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ZEOT has no debt, therefore coverage of interest payments is not a concern.