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 EGP3.6B and total debt of EGP76.8B, which brings its debt-to-equity ratio to 2161.9%. Its total assets and total liabilities are EGP120.2B and EGP116.7B respectively. Ezz Steel Company (S.A.E)'s EBIT is EGP29.6B making its interest coverage ratio 4.7. It has cash and short-term investments of EGP18.2B.
Key information
2,161.9%
Debt to equity ratio
ج.م76.76b
Debt
| Interest coverage ratio | 4.7x |
| Cash | ج.م18.23b |
| Equity | ج.م3.55b |
| Total liabilities | ج.م116.66b |
| Total assets | ج.م120.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ESRS's short term assets (EGP84.6B) exceed its short term liabilities (EGP83.2B).
Long Term Liabilities: ESRS's short term assets (EGP84.6B) exceed its long term liabilities (EGP33.5B).
Debt to Equity History and Analysis
Debt Level: ESRS's net debt to equity ratio (1648.6%) is considered high.
Reducing Debt: ESRS's debt to equity ratio has increased from 920.4% to 2161.9% over the past 5 years.
Debt Coverage: ESRS's debt is not well covered by operating cash flow (0.5%).
Interest Coverage: ESRS's interest payments on its debt are well covered by EBIT (4.7x coverage).