Arabian Cement CompanyE Balance Sheet Health
Financial Health criteria checks 6/6
Arabian Cement CompanyE has a total shareholder equity of EGP1.7B and total debt of EGP116.7M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are EGP3.4B and EGP1.7B respectively. Arabian Cement CompanyE's EBIT is EGP1.1B making its interest coverage ratio 23.9. It has cash and short-term investments of EGP292.9M.
Key information
7.0%
Debt to equity ratio
ج.م116.67m
Debt
| Interest coverage ratio | 23.9x |
| Cash | ج.م292.87m |
| Equity | ج.م1.66b |
| Total liabilities | ج.م1.72b |
| Total assets | ج.م3.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARCC's short term assets (EGP1.5B) exceed its short term liabilities (EGP1.5B).
Long Term Liabilities: ARCC's short term assets (EGP1.5B) exceed its long term liabilities (EGP257.2M).
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 73.5% to 7% over the past 5 years.
Debt Coverage: ARCC's debt is well covered by operating cash flow (802%).
Interest Coverage: ARCC's interest payments on its debt are well covered by EBIT (23.9x coverage).