Egyptians for investment & Urban development Balance Sheet Health
Financial Health criteria checks 6/6
Egyptians for investment & Urban development has a total shareholder equity of EGP56.3M and total debt of EGP547.9K, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are EGP66.1M and EGP9.8M respectively. Egyptians for investment & Urban development's EBIT is EGP194.4K making its interest coverage ratio -1.5. It has cash and short-term investments of EGP5.8M.
Key information
1.0%
Debt to equity ratio
ج.م547.91k
Debt
Interest coverage ratio | -1.5x |
Cash | ج.م5.82m |
Equity | ج.م56.33m |
Total liabilities | ج.م9.78m |
Total assets | ج.م66.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EIUD's short term assets (EGP21.0M) exceed its short term liabilities (EGP7.6M).
Long Term Liabilities: EIUD's short term assets (EGP21.0M) exceed its long term liabilities (EGP2.2M).
Debt to Equity History and Analysis
Debt Level: EIUD has more cash than its total debt.
Reducing Debt: EIUD's debt to equity ratio has reduced from 7.6% to 1% over the past 5 years.
Debt Coverage: EIUD's debt is well covered by operating cash flow (544.7%).
Interest Coverage: EIUD earns more interest than it pays, so coverage of interest payments is not a concern.