El Kahera Housing Balance Sheet Health
Financial Health criteria checks 4/6
El Kahera Housing has a total shareholder equity of EGP1.1B and total debt of EGP204.9M, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are EGP3.2B and EGP2.1B respectively. El Kahera Housing's EBIT is EGP177.3M making its interest coverage ratio 0.9. It has cash and short-term investments of EGP17.9M.
Key information
18.8%
Debt to equity ratio
ج.م204.91m
Debt
Interest coverage ratio | 0.9x |
Cash | ج.م17.92m |
Equity | ج.م1.09b |
Total liabilities | ج.م2.10b |
Total assets | ج.م3.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELKA's short term assets (EGP844.5M) do not cover its short term liabilities (EGP1.3B).
Long Term Liabilities: ELKA's short term assets (EGP844.5M) exceed its long term liabilities (EGP754.9M).
Debt to Equity History and Analysis
Debt Level: ELKA's net debt to equity ratio (17.1%) is considered satisfactory.
Reducing Debt: ELKA's debt to equity ratio has reduced from 63.1% to 18.8% over the past 5 years.
Debt Coverage: ELKA's debt is well covered by operating cash flow (100.9%).
Interest Coverage: ELKA's interest payments on its debt are not well covered by EBIT (0.9x coverage).