Misr Beni Suef CementE Balance Sheet Health
Financial Health criteria checks 6/6
Misr Beni Suef CementE has a total shareholder equity of EGP1.1B and total debt of EGP14.6M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are EGP1.7B and EGP662.6M respectively. Misr Beni Suef CementE's EBIT is EGP221.1M making its interest coverage ratio -5.9. It has cash and short-term investments of EGP314.7M.
Key information
1.4%
Debt to equity ratio
ج.م14.55m
Debt
| Interest coverage ratio | -5.9x |
| Cash | ج.م314.67m |
| Equity | ج.م1.06b |
| Total liabilities | ج.م662.56m |
| Total assets | ج.م1.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MBSC's short term assets (EGP1.3B) exceed its short term liabilities (EGP662.6M).
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 3.2% to 1.4% over the past 5 years.
Debt Coverage: MBSC's debt is well covered by operating cash flow (1909.8%).
Interest Coverage: MBSC earns more interest than it pays, so coverage of interest payments is not a concern.