Egypt Aluminum Balance Sheet Health
Financial Health criteria checks 6/6
Egypt Aluminum has a total shareholder equity of EGP15.6B and total debt of EGP5.8M, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are EGP20.5B and EGP4.9B respectively. Egypt Aluminum's EBIT is EGP12.1B making its interest coverage ratio -23.1. It has cash and short-term investments of EGP4.7B.
Key information
0.04%
Debt to equity ratio
ج.م5.76m
Debt
| Interest coverage ratio | -23.1x |
| Cash | ج.م4.74b |
| Equity | ج.م15.57b |
| Total liabilities | ج.م4.93b |
| Total assets | ج.م20.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EGAL's short term assets (EGP17.0B) exceed its short term liabilities (EGP4.8B).
Long Term Liabilities: EGAL's short term assets (EGP17.0B) exceed its long term liabilities (EGP165.5M).
Debt to Equity History and Analysis
Debt Level: EGAL has more cash than its total debt.
Reducing Debt: EGAL's debt to equity ratio has reduced from 14.1% to 0.04% over the past 5 years.
Debt Coverage: EGAL's debt is well covered by operating cash flow (194064.4%).
Interest Coverage: EGAL earns more interest than it pays, so coverage of interest payments is not a concern.