Abu Qir Fertilizers and Chemical Industries (S.A.E.) Balance Sheet Health
Financial Health criteria checks 6/6
Abu Qir Fertilizers and Chemical Industries (S.A.E.) has a total shareholder equity of EGP33.1B and total debt of EGP15.0M, which brings its debt-to-equity ratio to 0.05%. Its total assets and total liabilities are EGP42.3B and EGP9.2B respectively. Abu Qir Fertilizers and Chemical Industries (S.A.E.)'s EBIT is EGP5.6B making its interest coverage ratio -1.4. It has cash and short-term investments of EGP25.8B.
Key information
0.05%
Debt to equity ratio
ج.م14.95m
Debt
| Interest coverage ratio | -1.4x |
| Cash | ج.م25.81b |
| Equity | ج.م33.12b |
| Total liabilities | ج.م9.19b |
| Total assets | ج.م42.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABUK's short term assets (EGP28.4B) exceed its short term liabilities (EGP4.7B).
Long Term Liabilities: ABUK's short term assets (EGP28.4B) exceed its long term liabilities (EGP4.4B).
Debt to Equity History and Analysis
Debt Level: ABUK has more cash than its total debt.
Reducing Debt: ABUK's debt to equity ratio has reduced from 2.6% to 0.05% over the past 5 years.
Debt Coverage: ABUK's debt is well covered by operating cash flow (6734.7%).
Interest Coverage: ABUK earns more interest than it pays, so coverage of interest payments is not a concern.