Medical Packaging Balance Sheet Health
Financial Health criteria checks 6/6
Medical Packaging has a total shareholder equity of EGP161.9M and total debt of EGP1.3M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are EGP189.9M and EGP28.0M respectively. Medical Packaging's EBIT is EGP36.6M making its interest coverage ratio -4.1. It has cash and short-term investments of EGP61.4M.
Key information
0.8%
Debt to equity ratio
ج.م1.32m
Debt
Interest coverage ratio | -4.1x |
Cash | ج.م61.40m |
Equity | ج.م161.86m |
Total liabilities | ج.م28.00m |
Total assets | ج.م189.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MEPA's short term assets (EGP121.2M) exceed its short term liabilities (EGP16.6M).
Long Term Liabilities: MEPA's short term assets (EGP121.2M) exceed its long term liabilities (EGP11.4M).
Debt to Equity History and Analysis
Debt Level: MEPA has more cash than its total debt.
Reducing Debt: MEPA's debt to equity ratio has reduced from 62.2% to 0.8% over the past 5 years.
Debt Coverage: MEPA's debt is well covered by operating cash flow (519.7%).
Interest Coverage: MEPA earns more interest than it pays, so coverage of interest payments is not a concern.