Rubex International for Plastic and Acrylic Manufacturing Balance Sheet Health
Financial Health criteria checks 3/6
Rubex International for Plastic and Acrylic Manufacturing has a total shareholder equity of EGP142.9M and total debt of EGP71.5M, which brings its debt-to-equity ratio to 50%. Its total assets and total liabilities are EGP248.1M and EGP105.2M respectively. Rubex International for Plastic and Acrylic Manufacturing's EBIT is EGP5.5M making its interest coverage ratio 0.4. It has cash and short-term investments of EGP12.9M.
Key information
50.0%
Debt to equity ratio
ج.م71.50m
Debt
| Interest coverage ratio | 0.4x |
| Cash | ج.م12.87m |
| Equity | ج.م142.88m |
| Total liabilities | ج.م105.24m |
| Total assets | ج.م248.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RUBX's short term assets (EGP166.1M) exceed its short term liabilities (EGP98.6M).
Long Term Liabilities: RUBX's short term assets (EGP166.1M) exceed its long term liabilities (EGP6.6M).
Debt to Equity History and Analysis
Debt Level: RUBX's net debt to equity ratio (41%) is considered high.
Reducing Debt: RUBX's debt to equity ratio has increased from 40.1% to 50% over the past 5 years.
Debt Coverage: RUBX's debt is well covered by operating cash flow (25.1%).
Interest Coverage: RUBX's interest payments on its debt are not well covered by EBIT (0.4x coverage).