Giza General - Contracting and Real Estate InvestmentE Balance Sheet Health
Financial Health criteria checks 3/6
Giza General - Contracting and Real Estate InvestmentE has a total shareholder equity of EGP614.0M and total debt of EGP484.3M, which brings its debt-to-equity ratio to 78.9%. Its total assets and total liabilities are EGP1.8B and EGP1.2B respectively. Giza General - Contracting and Real Estate InvestmentE's EBIT is EGP206.5M making its interest coverage ratio 1.8. It has cash and short-term investments of EGP84.8M.
Key information
78.9%
Debt to equity ratio
ج.م484.33m
Debt
Interest coverage ratio | 1.8x |
Cash | ج.م84.78m |
Equity | ج.م614.01m |
Total liabilities | ج.م1.23b |
Total assets | ج.م1.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGCC's short term assets (EGP1.6B) exceed its short term liabilities (EGP1.2B).
Long Term Liabilities: GGCC's short term assets (EGP1.6B) exceed its long term liabilities (EGP11.1M).
Debt to Equity History and Analysis
Debt Level: GGCC's net debt to equity ratio (65.1%) is considered high.
Reducing Debt: GGCC's debt to equity ratio has increased from 23.1% to 78.9% over the past 5 years.
Debt Coverage: GGCC's debt is well covered by operating cash flow (58.9%).
Interest Coverage: GGCC's interest payments on its debt are not well covered by EBIT (1.8x coverage).