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 ratio | 1.4x |
| Cash | ج.م1.49b |
| Equity | ج.م8.38b |
| Total liabilities | ج.م17.47b |
| Total assets | ج.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).