Egyptian Financial and Industrial SAE Balance Sheet Health
Financial Health criteria checks 4/6
Egyptian Financial and Industrial SAE has a total shareholder equity of EGP2.2B and total debt of EGP2.3B, which brings its debt-to-equity ratio to 103.2%. Its total assets and total liabilities are EGP6.6B and EGP4.4B respectively. Egyptian Financial and Industrial SAE's EBIT is EGP1.4B making its interest coverage ratio 3.5. It has cash and short-term investments of EGP542.7M.
Key information
103.2%
Debt to equity ratio
ج.م2.26b
Debt
| Interest coverage ratio | 3.5x |
| Cash | ج.م542.74m |
| Equity | ج.م2.19b |
| Total liabilities | ج.م4.37b |
| Total assets | ج.م6.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EFIC's short term assets (EGP4.3B) exceed its short term liabilities (EGP3.6B).
Long Term Liabilities: EFIC's short term assets (EGP4.3B) exceed its long term liabilities (EGP739.4M).
Debt to Equity History and Analysis
Debt Level: EFIC's net debt to equity ratio (78.4%) is considered high.
Reducing Debt: EFIC's debt to equity ratio has increased from 82.1% to 103.2% over the past 5 years.
Debt Coverage: EFIC's debt is well covered by operating cash flow (38.6%).
Interest Coverage: EFIC's interest payments on its debt are well covered by EBIT (3.5x coverage).