Real Estate Egyptian ConsortiumE Balance Sheet Health
Financial Health criteria checks 5/6
Real Estate Egyptian ConsortiumE has a total shareholder equity of EGP148.7M and total debt of EGP2.5M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are EGP284.3M and EGP135.6M respectively. Real Estate Egyptian ConsortiumE's EBIT is EGP16.1M making its interest coverage ratio -75.2. It has cash and short-term investments of EGP6.9M.
Key information
1.7%
Debt to equity ratio
ج.م2.50m
Debt
Interest coverage ratio | -75.2x |
Cash | ج.م6.86m |
Equity | ج.م148.68m |
Total liabilities | ج.م135.57m |
Total assets | ج.م284.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AREH's short term assets (EGP167.1M) exceed its short term liabilities (EGP135.6M).
Long Term Liabilities: AREH's short term assets (EGP167.1M) exceed its long term liabilities (EGP1.7K).
Debt to Equity History and Analysis
Debt Level: AREH has more cash than its total debt.
Reducing Debt: AREH's debt to equity ratio has increased from 0% to 1.7% over the past 5 years.
Debt Coverage: AREH's debt is well covered by operating cash flow (4699.7%).
Interest Coverage: AREH earns more interest than it pays, so coverage of interest payments is not a concern.