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 EGP65.2M and total debt of EGP5.3M, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are EGP278.5M and EGP213.3M respectively. Arab Company For Land Reclamation's EBIT is EGP1.5M making its interest coverage ratio 2.2. It has cash and short-term investments of EGP16.8M.
Key information
8.1%
Debt to equity ratio
ج.م5.28m
Debt
Interest coverage ratio | 2.2x |
Cash | ج.م16.77m |
Equity | ج.م65.17m |
Total liabilities | ج.م213.32m |
Total assets | ج.م278.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EALR's short term assets (EGP252.4M) exceed its short term liabilities (EGP194.5M).
Long Term Liabilities: EALR's short term assets (EGP252.4M) exceed its long term liabilities (EGP18.9M).
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% to 8.1% over the past 5 years.
Debt Coverage: EALR's debt is well covered by operating cash flow (145.1%).
Interest Coverage: EALR's interest payments on its debt are not well covered by EBIT (2.2x coverage).