Egyptian Chemical Industries

CASE:EGCH Stock Report

Market Cap: ج.م17.4b

Egyptian Chemical Industries Balance Sheet Health

Financial Health criteria checks 1/6

Egyptian Chemical Industries has a total shareholder equity of EGP8.4B and total debt of EGP13.5B, which brings its debt-to-equity ratio to 160.7%. Its total assets and total liabilities are EGP25.9B and EGP17.5B respectively. Egyptian Chemical Industries's EBIT is EGP1.1B making its interest coverage ratio 1.4. It has cash and short-term investments of EGP1.5B.

Key information

160.7%

Debt to equity ratio

ج.م13.47b

Debt

Interest coverage ratio1.4x
Cashج.م1.49b
Equityج.م8.38b
Total liabilitiesج.م17.47b
Total assetsج.م25.85b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: EGCH's short term assets (EGP4.2B) exceed its short term liabilities (EGP2.3B).

Long Term Liabilities: EGCH's short term assets (EGP4.2B) do not cover its long term liabilities (EGP15.2B).


Debt to Equity History and Analysis

Debt Level: EGCH's net debt to equity ratio (142.9%) is considered high.

Reducing Debt: EGCH's debt to equity ratio has increased from 98.4% to 160.7% over the past 5 years.

Debt Coverage: EGCH's debt is not well covered by operating cash flow (17.9%).

Interest Coverage: EGCH's interest payments on its debt are not well covered by EBIT (1.4x coverage).


Balance Sheet


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