Arab Developers Holding Balance Sheet Health
Financial Health criteria checks 3/6
Arab Developers Holding has a total shareholder equity of EGP1.6B and total debt of EGP1.8B, which brings its debt-to-equity ratio to 116.6%. Its total assets and total liabilities are EGP9.2B and EGP7.6B respectively. Arab Developers Holding's EBIT is EGP28.5M making its interest coverage ratio -2.5. It has cash and short-term investments of EGP155.5M.
Key information
116.6%
Debt to equity ratio
ج.م1.81b
Debt
| Interest coverage ratio | -2.5x |
| Cash | ج.م155.50m |
| Equity | ج.م1.56b |
| Total liabilities | ج.م7.64b |
| Total assets | ج.م9.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARAB's short term assets (EGP7.5B) exceed its short term liabilities (EGP5.5B).
Long Term Liabilities: ARAB's short term assets (EGP7.5B) exceed its long term liabilities (EGP2.2B).
Debt to Equity History and Analysis
Debt Level: ARAB's net debt to equity ratio (106.6%) is considered high.
Reducing Debt: ARAB's debt to equity ratio has increased from 76.5% to 116.6% over the past 5 years.
Debt Coverage: ARAB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ARAB earns more interest than it pays, so coverage of interest payments is not a concern.