Egyptian Financial and Industrial SAE Balance Sheet Health
Financial Health criteria checks 3/6
Egyptian Financial and Industrial SAE has a total shareholder equity of EGP2.4B and total debt of EGP2.3B, which brings its debt-to-equity ratio to 99.5%. Its total assets and total liabilities are EGP5.5B and EGP3.2B respectively. Egyptian Financial and Industrial SAE's EBIT is EGP1.2B making its interest coverage ratio 3.2. It has cash and short-term investments of EGP680.5M.
Key information
99.5%
Debt to equity ratio
ج.م2.34b
Debt
Interest coverage ratio | 3.2x |
Cash | ج.م680.46m |
Equity | ج.م2.35b |
Total liabilities | ج.م3.17b |
Total assets | ج.م5.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EFIC's short term assets (EGP3.5B) exceed its short term liabilities (EGP2.7B).
Long Term Liabilities: EFIC's short term assets (EGP3.5B) exceed its long term liabilities (EGP482.8M).
Debt to Equity History and Analysis
Debt Level: EFIC's net debt to equity ratio (70.6%) is considered high.
Reducing Debt: EFIC's debt to equity ratio has increased from 66.7% to 99.5% over the past 5 years.
Debt Coverage: EFIC's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: EFIC's interest payments on its debt are well covered by EBIT (3.2x coverage).