October PharmaE Balance Sheet Health
Financial Health criteria checks 4/6
October PharmaE has a total shareholder equity of EGP648.6M and total debt of EGP555.2M, which brings its debt-to-equity ratio to 85.6%. Its total assets and total liabilities are EGP1.5B and EGP820.6M respectively. October PharmaE's EBIT is EGP1.3B making its interest coverage ratio 11.5. It has cash and short-term investments of EGP47.7M.
Key information
85.6%
Debt to equity ratio
ج.م555.15m
Debt
| Interest coverage ratio | 11.5x |
| Cash | ج.م47.68m |
| Equity | ج.م648.62m |
| Total liabilities | ج.م820.64m |
| Total assets | ج.م1.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OCPH's short term assets (EGP1.1B) exceed its short term liabilities (EGP716.9M).
Long Term Liabilities: OCPH's short term assets (EGP1.1B) exceed its long term liabilities (EGP103.7M).
Debt to Equity History and Analysis
Debt Level: OCPH's net debt to equity ratio (78.2%) is considered high.
Reducing Debt: OCPH's debt to equity ratio has reduced from 146.4% to 85.6% over the past 5 years.
Debt Coverage: OCPH's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: OCPH's interest payments on its debt are well covered by EBIT (11.5x coverage).