Medical Packaging Balance Sheet Health
Financial Health criteria checks 6/6
Medical Packaging has a total shareholder equity of EGP181.7M and total debt of EGP1.2M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are EGP210.3M and EGP28.6M respectively. Medical Packaging's EBIT is EGP51.4M making its interest coverage ratio -5.6. It has cash and short-term investments of EGP67.6M.
Key information
0.6%
Debt to equity ratio
ج.م1.16m
Debt
| Interest coverage ratio | -5.6x |
| Cash | ج.م67.62m |
| Equity | ج.م181.65m |
| Total liabilities | ج.م28.63m |
| Total assets | ج.م210.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MEPA's short term assets (EGP144.0M) exceed its short term liabilities (EGP17.6M).
Long Term Liabilities: MEPA's short term assets (EGP144.0M) exceed its long term liabilities (EGP11.0M).
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 64.6% to 0.6% over the past 5 years.
Debt Coverage: MEPA's debt is well covered by operating cash flow (2013.9%).
Interest Coverage: MEPA earns more interest than it pays, so coverage of interest payments is not a concern.