El Kahera Housing Balance Sheet Health

Financial Health criteria checks 3/6

El Kahera Housing has a total shareholder equity of EGP4.7B and total debt of EGP204.5M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are EGP7.9B and EGP3.2B respectively. El Kahera Housing's EBIT is EGP204.2M making its interest coverage ratio 0.9. It has cash and short-term investments of EGP24.8M.

Key information

4.4%

Debt to equity ratio

ج.م204.48m

Debt

Interest coverage ratio0.9x
Cashج.م24.76m
Equityج.م4.68b
Total liabilitiesج.م3.18b
Total assetsج.م7.86b

Recent financial health updates

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Recent updates

Financial Position Analysis

Short Term Liabilities: ELKA's short term assets (EGP869.2M) do not cover its short term liabilities (EGP1.4B).

Long Term Liabilities: ELKA's short term assets (EGP869.2M) do not cover its long term liabilities (EGP1.8B).


Debt to Equity History and Analysis

Debt Level: ELKA's net debt to equity ratio (3.8%) is considered satisfactory.

Reducing Debt: ELKA's debt to equity ratio has reduced from 61.6% to 4.4% over the past 5 years.

Debt Coverage: ELKA's debt is well covered by operating cash flow (120.1%).

Interest Coverage: ELKA's interest payments on its debt are not well covered by EBIT (0.9x coverage).


Balance Sheet


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