ASEC Company for Mining ASCOME Balance Sheet Health
Financial Health criteria checks 3/6
ASEC Company for Mining ASCOME has a total shareholder equity of EGP2.3B and total debt of EGP3.8B, which brings its debt-to-equity ratio to 166.5%. Its total assets and total liabilities are EGP7.4B and EGP5.1B respectively.
Key information
166.5%
Debt to equity ratio
ج.م3.78b
Debt
| Interest coverage ratio | n/a |
| Cash | ج.م1.88b |
| Equity | ج.م2.27b |
| Total liabilities | ج.م5.09b |
| Total assets | ج.م7.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASCM's short term assets (EGP3.7B) exceed its short term liabilities (EGP3.2B).
Long Term Liabilities: ASCM's short term assets (EGP3.7B) exceed its long term liabilities (EGP1.9B).
Debt to Equity History and Analysis
Debt Level: ASCM's net debt to equity ratio (83.7%) is considered high.
Reducing Debt: ASCM had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: ASCM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ASCM's interest payments on its debt are well covered by EBIT.