Speed Medical Co Balance Sheet Health
Financial Health criteria checks 3/6
Speed Medical Co has a total shareholder equity of EGP258.4M and total debt of EGP128.3M, which brings its debt-to-equity ratio to 49.6%. Its total assets and total liabilities are EGP547.7M and EGP289.3M respectively.
Key information
49.6%
Debt to equity ratio
ج.م128.31m
Debt
| Interest coverage ratio | n/a |
| Cash | ج.م31.99m |
| Equity | ج.م258.45m |
| Total liabilities | ج.م289.25m |
| Total assets | ج.م547.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPMD's short term assets (EGP75.8M) do not cover its short term liabilities (EGP197.8M).
Long Term Liabilities: SPMD's short term assets (EGP75.8M) do not cover its long term liabilities (EGP91.4M).
Debt to Equity History and Analysis
Debt Level: SPMD's net debt to equity ratio (37.3%) is considered satisfactory.
Reducing Debt: SPMD's debt to equity ratio has reduced from 74.9% to 49.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SPMD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SPMD has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 0.5% each year.