Nozha International Hospital Balance Sheet Health
Financial Health criteria checks 6/6
Nozha International Hospital has a total shareholder equity of EGP464.4M and total debt of EGP321.4K, which brings its debt-to-equity ratio to 0.07%. Its total assets and total liabilities are EGP541.5M and EGP77.1M respectively. Nozha International Hospital's EBIT is EGP81.7M making its interest coverage ratio -2. It has cash and short-term investments of EGP240.9M.
Key information
0.07%
Debt to equity ratio
ج.م321.37k
Debt
Interest coverage ratio | -2x |
Cash | ج.م240.91m |
Equity | ج.م464.41m |
Total liabilities | ج.م77.11m |
Total assets | ج.م541.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NINH's short term assets (EGP335.5M) exceed its short term liabilities (EGP73.7M).
Long Term Liabilities: NINH's short term assets (EGP335.5M) exceed its long term liabilities (EGP3.4M).
Debt to Equity History and Analysis
Debt Level: NINH has more cash than its total debt.
Reducing Debt: NINH's debt to equity ratio has reduced from 0.2% to 0.07% over the past 5 years.
Debt Coverage: NINH's debt is well covered by operating cash flow (33677.1%).
Interest Coverage: NINH earns more interest than it pays, so coverage of interest payments is not a concern.