Industrial Engineering Company for Construction and Development Balance Sheet Health
Financial Health criteria checks 5/6
Industrial Engineering Company for Construction and Development has a total shareholder equity of EGP1.9B and total debt of EGP1.1B, which brings its debt-to-equity ratio to 61.4%. Its total assets and total liabilities are EGP4.4B and EGP2.6B respectively. Industrial Engineering Company for Construction and Development's EBIT is EGP761.6M making its interest coverage ratio 34.7. It has cash and short-term investments of EGP338.1M.
Key information
61.4%
Debt to equity ratio
ج.م1.14b
Debt
| Interest coverage ratio | 34.7x |
| Cash | ج.م338.14m |
| Equity | ج.م1.85b |
| Total liabilities | ج.م2.58b |
| Total assets | ج.م4.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENGC's short term assets (EGP3.2B) exceed its short term liabilities (EGP2.4B).
Long Term Liabilities: ENGC's short term assets (EGP3.2B) exceed its long term liabilities (EGP147.9M).
Debt to Equity History and Analysis
Debt Level: ENGC's net debt to equity ratio (43.2%) is considered high.
Reducing Debt: ENGC's debt to equity ratio has reduced from 75.6% to 61.4% over the past 5 years.
Debt Coverage: ENGC's debt is well covered by operating cash flow (60.1%).
Interest Coverage: ENGC's interest payments on its debt are well covered by EBIT (34.7x coverage).