Heliopolis for Housing & Development Balance Sheet Health
Financial Health criteria checks 6/6
Heliopolis for Housing & Development has a total shareholder equity of EGP8.2B and total debt of EGP791.7M, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are EGP11.9B and EGP3.8B respectively. Heliopolis for Housing & Development's EBIT is EGP11.0B making its interest coverage ratio -8.7. It has cash and short-term investments of EGP6.3B.
Key information
9.7%
Debt to equity ratio
ج.م791.75m
Debt
| Interest coverage ratio | -8.7x |
| Cash | ج.م6.27b |
| Equity | ج.م8.16b |
| Total liabilities | ج.م3.77b |
| Total assets | ج.م11.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HELI's short term assets (EGP11.8B) exceed its short term liabilities (EGP2.1B).
Long Term Liabilities: HELI's short term assets (EGP11.8B) exceed its long term liabilities (EGP1.7B).
Debt to Equity History and Analysis
Debt Level: HELI has more cash than its total debt.
Reducing Debt: HELI's debt to equity ratio has reduced from 216.2% to 9.7% over the past 5 years.
Debt Coverage: HELI's debt is well covered by operating cash flow (1019.6%).
Interest Coverage: HELI earns more interest than it pays, so coverage of interest payments is not a concern.