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 EGP143.2M and total debt of EGP76.6M, which brings its debt-to-equity ratio to 53.5%. Its total assets and total liabilities are EGP261.9M and EGP118.7M respectively. Rubex International for Plastic and Acrylic Manufacturing's EBIT is EGP12.9M making its interest coverage ratio 1. It has cash and short-term investments of EGP10.4M.
Key information
53.5%
Debt to equity ratio
ج.م76.59m
Debt
| Interest coverage ratio | 1x |
| Cash | ج.م10.44m |
| Equity | ج.م143.25m |
| Total liabilities | ج.م118.69m |
| Total assets | ج.م261.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RUBX's short term assets (EGP179.7M) exceed its short term liabilities (EGP111.9M).
Long Term Liabilities: RUBX's short term assets (EGP179.7M) exceed its long term liabilities (EGP6.8M).
Debt to Equity History and Analysis
Debt Level: RUBX's net debt to equity ratio (46.2%) is considered high.
Reducing Debt: RUBX's debt to equity ratio has increased from 42.8% to 53.5% over the past 5 years.
Debt Coverage: RUBX's debt is well covered by operating cash flow (23.5%).
Interest Coverage: RUBX's interest payments on its debt are not well covered by EBIT (1x coverage).