Egyptian Chemical Industries Balance Sheet Health
Financial Health criteria checks 2/6
Egyptian Chemical Industries has a total shareholder equity of EGP14.6B and total debt of EGP11.6B, which brings its debt-to-equity ratio to 79.5%. Its total assets and total liabilities are EGP29.2B and EGP14.6B respectively. Egyptian Chemical Industries's EBIT is EGP846.7M making its interest coverage ratio 1. It has cash and short-term investments of EGP3.1B.
Key information
79.5%
Debt to equity ratio
ج.م11.58b
Debt
| Interest coverage ratio | 1x |
| Cash | ج.م3.10b |
| Equity | ج.م14.56b |
| Total liabilities | ج.م14.60b |
| Total assets | ج.م29.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EGCH's short term assets (EGP5.6B) exceed its short term liabilities (EGP2.4B).
Long Term Liabilities: EGCH's short term assets (EGP5.6B) do not cover its long term liabilities (EGP12.2B).
Debt to Equity History and Analysis
Debt Level: EGCH's net debt to equity ratio (58.2%) is considered high.
Reducing Debt: EGCH's debt to equity ratio has reduced from 99.2% to 79.5% over the past 5 years.
Debt Coverage: EGCH's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: EGCH's interest payments on its debt are not well covered by EBIT (1x coverage).