Arabian Cement CompanyE Balance Sheet Health
Financial Health criteria checks 6/6
Arabian Cement CompanyE has a total shareholder equity of EGP2.4B and total debt of EGP499.6M, which brings its debt-to-equity ratio to 20.7%. Its total assets and total liabilities are EGP4.4B and EGP2.0B respectively. Arabian Cement CompanyE's EBIT is EGP1.5B making its interest coverage ratio 58.4. It has cash and short-term investments of EGP1.1B.
Key information
20.7%
Debt to equity ratio
ج.م499.57m
Debt
| Interest coverage ratio | 58.4x |
| Cash | ج.م1.08b |
| Equity | ج.م2.41b |
| Total liabilities | ج.م2.03b |
| Total assets | ج.م4.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARCC's short term assets (EGP2.6B) exceed its short term liabilities (EGP1.7B).
Long Term Liabilities: ARCC's short term assets (EGP2.6B) exceed its long term liabilities (EGP303.7M).
Debt to Equity History and Analysis
Debt Level: ARCC has more cash than its total debt.
Reducing Debt: ARCC's debt to equity ratio has reduced from 48.8% to 20.7% over the past 5 years.
Debt Coverage: ARCC's debt is well covered by operating cash flow (187.3%).
Interest Coverage: ARCC's interest payments on its debt are well covered by EBIT (58.4x coverage).