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 EGP21.8B and total debt of EGP14.0M, which brings its debt-to-equity ratio to 0.06%. Its total assets and total liabilities are EGP30.5B and EGP8.7B respectively. Abu Qir Fertilizers and Chemical Industries (S.A.E.)'s EBIT is EGP8.7B making its interest coverage ratio -2.5. It has cash and short-term investments of EGP16.4B.
Key information
0.06%
Debt to equity ratio
ج.م14.00m
Debt
Interest coverage ratio | -2.5x |
Cash | ج.م16.44b |
Equity | ج.م21.78b |
Total liabilities | ج.م8.70b |
Total assets | ج.م30.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABUK's short term assets (EGP20.3B) exceed its short term liabilities (EGP6.8B).
Long Term Liabilities: ABUK's short term assets (EGP20.3B) exceed its long term liabilities (EGP1.9B).
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 3.6% to 0.06% over the past 5 years.
Debt Coverage: ABUK's debt is well covered by operating cash flow (28235.1%).
Interest Coverage: ABUK earns more interest than it pays, so coverage of interest payments is not a concern.