Arab Developers Holding Balance Sheet Health
Financial Health criteria checks 3/6
Arab Developers Holding has a total shareholder equity of EGP1.3B and total debt of EGP1.7B, which brings its debt-to-equity ratio to 132.8%. Its total assets and total liabilities are EGP8.1B and EGP6.8B respectively. Arab Developers Holding's EBIT is EGP75.3M making its interest coverage ratio -1.4. It has cash and short-term investments of EGP157.7M.
Key information
132.8%
Debt to equity ratio
ج.م1.71b
Debt
Interest coverage ratio | -1.4x |
Cash | ج.م157.66m |
Equity | ج.م1.29b |
Total liabilities | ج.م6.81b |
Total assets | ج.م8.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARAB's short term assets (EGP6.4B) exceed its short term liabilities (EGP4.6B).
Long Term Liabilities: ARAB's short term assets (EGP6.4B) exceed its long term liabilities (EGP2.2B).
Debt to Equity History and Analysis
Debt Level: ARAB's net debt to equity ratio (120.5%) is considered high.
Reducing Debt: ARAB's debt to equity ratio has increased from 65.6% to 132.8% 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.