October PharmaE Balance Sheet Health
Financial Health criteria checks 5/6
October PharmaE has a total shareholder equity of EGP589.5M and total debt of EGP323.7M, which brings its debt-to-equity ratio to 54.9%. Its total assets and total liabilities are EGP1.1B and EGP548.6M respectively. October PharmaE's EBIT is EGP307.1M making its interest coverage ratio 4.9. It has cash and short-term investments of EGP45.3M.
Key information
54.9%
Debt to equity ratio
ج.م323.71m
Debt
Interest coverage ratio | 4.9x |
Cash | ج.م45.30m |
Equity | ج.م589.54m |
Total liabilities | ج.م548.55m |
Total assets | ج.م1.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OCPH's short term assets (EGP830.5M) exceed its short term liabilities (EGP457.2M).
Long Term Liabilities: OCPH's short term assets (EGP830.5M) exceed its long term liabilities (EGP91.4M).
Debt to Equity History and Analysis
Debt Level: OCPH's net debt to equity ratio (47.2%) is considered high.
Reducing Debt: OCPH's debt to equity ratio has reduced from 199.3% to 54.9% over the past 5 years.
Debt Coverage: OCPH's debt is well covered by operating cash flow (47.2%).
Interest Coverage: OCPH's interest payments on its debt are well covered by EBIT (4.9x coverage).