Arab Company For Land Reclamation Balance Sheet Health
Financial Health criteria checks 4/6
Arab Company For Land Reclamation has a total shareholder equity of EGP70.6M and total debt of EGP5.4M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are EGP283.4M and EGP212.8M respectively. Arab Company For Land Reclamation's EBIT is EGP3.1M making its interest coverage ratio 19.5. It has cash and short-term investments of EGP9.4M.
Key information
7.7%
Debt to equity ratio
ج.م5.40m
Debt
| Interest coverage ratio | 19.5x |
| Cash | ج.م9.44m |
| Equity | ج.م70.57m |
| Total liabilities | ج.م212.84m |
| Total assets | ج.م283.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EALR's short term assets (EGP261.5M) exceed its short term liabilities (EGP200.5M).
Long Term Liabilities: EALR's short term assets (EGP261.5M) exceed its long term liabilities (EGP12.4M).
Debt to Equity History and Analysis
Debt Level: EALR has more cash than its total debt.
Reducing Debt: EALR's debt to equity ratio has increased from 5.4% to 7.7% over the past 5 years.
Debt Coverage: EALR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: EALR's interest payments on its debt are well covered by EBIT (19.5x coverage).