Delta For Printing & PackagingE Balance Sheet Health
Financial Health criteria checks 3/6
Delta For Printing & PackagingE has a total shareholder equity of EGP155.3M and total debt of EGP179.1M, which brings its debt-to-equity ratio to 115.4%. Its total assets and total liabilities are EGP379.6M and EGP224.3M respectively. Delta For Printing & PackagingE's EBIT is EGP52.1M making its interest coverage ratio 3.1. It has cash and short-term investments of EGP47.9M.
Key information
115.4%
Debt to equity ratio
ج.م179.11m
Debt
Interest coverage ratio | 3.1x |
Cash | ج.م47.90m |
Equity | ج.م155.26m |
Total liabilities | ج.م224.30m |
Total assets | ج.م379.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DTPP's short term assets (EGP265.7M) exceed its short term liabilities (EGP178.2M).
Long Term Liabilities: DTPP's short term assets (EGP265.7M) exceed its long term liabilities (EGP46.1M).
Debt to Equity History and Analysis
Debt Level: DTPP's net debt to equity ratio (84.5%) is considered high.
Reducing Debt: DTPP's debt to equity ratio has increased from 53.5% to 115.4% over the past 5 years.
Debt Coverage: DTPP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DTPP's interest payments on its debt are well covered by EBIT (3.1x coverage).