Egyptian Iron and Steel Balance Sheet Health
Financial Health criteria checks 3/6
Egyptian Iron and Steel has a total shareholder equity of EGP-6.8B and total debt of EGP0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are EGP2.2B and EGP9.0B respectively. Egyptian Iron and Steel's EBIT is EGP1.8B making its interest coverage ratio -37.3. It has cash and short-term investments of EGP575.1M.
Key information
0%
Debt to equity ratio
ج.م0
Debt
| Interest coverage ratio | -37.3x |
| Cash | ج.م575.14m |
| Equity | -ج.م6.77b |
| Total liabilities | ج.م8.96b |
| Total assets | ج.م2.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IRON has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: IRON has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: IRON is debt free.
Reducing Debt: IRON's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: IRON has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IRON has no debt, therefore coverage of interest payments is not a concern.