Sidi Kerir Petrochemicals Balance Sheet Health
Financial Health criteria checks 5/6
Sidi Kerir Petrochemicals has a total shareholder equity of EGP6.3B and total debt of EGP1.8B, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are EGP10.8B and EGP4.5B respectively. Sidi Kerir Petrochemicals's EBIT is EGP3.1B making its interest coverage ratio -9.2. It has cash and short-term investments of EGP2.5B.
Key information
29.2%
Debt to equity ratio
ج.م1.83b
Debt
Interest coverage ratio | -9.2x |
Cash | ج.م2.51b |
Equity | ج.م6.25b |
Total liabilities | ج.م4.55b |
Total assets | ج.م10.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SKPC's short term assets (EGP6.9B) exceed its short term liabilities (EGP3.3B).
Long Term Liabilities: SKPC's short term assets (EGP6.9B) exceed its long term liabilities (EGP1.3B).
Debt to Equity History and Analysis
Debt Level: SKPC has more cash than its total debt.
Reducing Debt: SKPC's debt to equity ratio has increased from 0% to 29.2% over the past 5 years.
Debt Coverage: SKPC's debt is well covered by operating cash flow (153%).
Interest Coverage: SKPC earns more interest than it pays, so coverage of interest payments is not a concern.