ASEC Company for Mining ASCOME Balance Sheet Health
Financial Health criteria checks 4/6
ASEC Company for Mining ASCOME has a total shareholder equity of EGP1.8B and total debt of EGP2.2B, which brings its debt-to-equity ratio to 121%. Its total assets and total liabilities are EGP5.3B and EGP3.5B respectively.
Key information
121.0%
Debt to equity ratio
ج.م2.22b
Debt
| Interest coverage ratio | n/a |
| Cash | ج.م1.71b |
| Equity | ج.م1.84b |
| Total liabilities | ج.م3.49b |
| Total assets | ج.م5.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASCM's short term assets (EGP2.9B) exceed its short term liabilities (EGP2.2B).
Long Term Liabilities: ASCM's short term assets (EGP2.9B) exceed its long term liabilities (EGP1.3B).
Debt to Equity History and Analysis
Debt Level: ASCM's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: ASCM's debt to equity ratio has reduced from 2839.3% to 121% over the past 5 years.
Debt Coverage: ASCM's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: Insufficient data to determine if ASCM's interest payments on its debt are well covered by EBIT.