Misr Beni Suef CementE Balance Sheet Health
Financial Health criteria checks 5/6
Misr Beni Suef CementE has a total shareholder equity of EGP842.0M and total debt of EGP13.3M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are EGP1.5B and EGP623.5M respectively. Misr Beni Suef CementE's EBIT is EGP254.0M making its interest coverage ratio -4.2. It has cash and short-term investments of EGP321.1M.
Key information
1.6%
Debt to equity ratio
ج.م13.27m
Debt
Interest coverage ratio | -4.2x |
Cash | ج.م321.07m |
Equity | ج.م842.00m |
Total liabilities | ج.م623.53m |
Total assets | ج.م1.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MBSC's short term assets (EGP1.0B) exceed its short term liabilities (EGP623.5M).
Long Term Liabilities: MBSC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MBSC has more cash than its total debt.
Reducing Debt: MBSC's debt to equity ratio has reduced from 1.7% to 1.6% over the past 5 years.
Debt Coverage: MBSC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MBSC earns more interest than it pays, so coverage of interest payments is not a concern.