Ezz Steel Company (S.A.E) Balance Sheet Health
Financial Health criteria checks 3/6
Ezz Steel Company (S.A.E) has a total shareholder equity of EGP1.3B and total debt of EGP78.8B, which brings its debt-to-equity ratio to 6079.4%. Its total assets and total liabilities are EGP113.4B and EGP112.1B respectively. Ezz Steel Company (S.A.E)'s EBIT is EGP33.7B making its interest coverage ratio 9. It has cash and short-term investments of EGP33.2B.
Key information
6,079.4%
Debt to equity ratio
ج.م78.81b
Debt
Interest coverage ratio | 9x |
Cash | ج.م33.16b |
Equity | ج.م1.30b |
Total liabilities | ج.م112.07b |
Total assets | ج.م113.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ESRS's short term assets (EGP77.3B) do not cover its short term liabilities (EGP79.7B).
Long Term Liabilities: ESRS's short term assets (EGP77.3B) exceed its long term liabilities (EGP32.4B).
Debt to Equity History and Analysis
Debt Level: ESRS's net debt to equity ratio (3521.1%) is considered high.
Reducing Debt: ESRS's debt to equity ratio has increased from 460.6% to 6079.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ESRS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ESRS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 58.1% per year.