Al Ezz Dekheila Steel Company - AlexandriaE Balance Sheet Health
Financial Health criteria checks 3/6
Al Ezz Dekheila Steel Company - AlexandriaE has a total shareholder equity of EGP6.8B and total debt of EGP40.9B, which brings its debt-to-equity ratio to 599.5%. Its total assets and total liabilities are EGP76.7B and EGP69.9B respectively. Al Ezz Dekheila Steel Company - AlexandriaE's EBIT is EGP17.0B making its interest coverage ratio 6.7. It has cash and short-term investments of EGP18.6B.
Key information
599.5%
Debt to equity ratio
ج.م40.88b
Debt
| Interest coverage ratio | 6.7x |
| Cash | ج.م18.62b |
| Equity | ج.م6.82b |
| Total liabilities | ج.م69.89b |
| Total assets | ج.م76.71b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IRAX's short term assets (EGP45.2B) do not cover its short term liabilities (EGP49.9B).
Long Term Liabilities: IRAX's short term assets (EGP45.2B) exceed its long term liabilities (EGP20.0B).
Debt to Equity History and Analysis
Debt Level: IRAX's net debt to equity ratio (326.5%) is considered high.
Reducing Debt: IRAX's debt to equity ratio has increased from 148% to 599.5% over the past 5 years.
Debt Coverage: IRAX's debt is well covered by operating cash flow (43.8%).
Interest Coverage: IRAX's interest payments on its debt are well covered by EBIT (6.7x coverage).