Arab Aluminum Company (S.A.E) Balance Sheet Health
Financial Health criteria checks 2/6
Arab Aluminum Company (S.A.E) has a total shareholder equity of EGP98.2M and total debt of EGP113.3M, which brings its debt-to-equity ratio to 115.4%. Its total assets and total liabilities are EGP270.8M and EGP172.5M respectively. Arab Aluminum Company (S.A.E)'s EBIT is EGP8.1M making its interest coverage ratio 0.6. It has cash and short-term investments of EGP1.1M.
Key information
115.4%
Debt to equity ratio
ج.م113.34m
Debt
| Interest coverage ratio | 0.6x |
| Cash | ج.م1.10m |
| Equity | ج.م98.23m |
| Total liabilities | ج.م172.54m |
| Total assets | ج.م270.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALUM's short term assets (EGP228.0M) exceed its short term liabilities (EGP166.2M).
Long Term Liabilities: ALUM's short term assets (EGP228.0M) exceed its long term liabilities (EGP6.4M).
Debt to Equity History and Analysis
Debt Level: ALUM's net debt to equity ratio (114.3%) is considered high.
Reducing Debt: ALUM's debt to equity ratio has increased from 45% to 115.4% over the past 5 years.
Debt Coverage: ALUM's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: ALUM's interest payments on its debt are not well covered by EBIT (0.6x coverage).