Madinet Masr For Housing and Development Balance Sheet Health
Financial Health criteria checks 5/6
Madinet Masr For Housing and Development has a total shareholder equity of EGP7.5B and total debt of EGP2.8B, which brings its debt-to-equity ratio to 37.4%. Its total assets and total liabilities are EGP18.5B and EGP11.0B respectively. Madinet Masr For Housing and Development's EBIT is EGP3.1B making its interest coverage ratio 11.2. It has cash and short-term investments of EGP2.4B.
Key information
37.4%
Debt to equity ratio
ج.م2.79b
Debt
| Interest coverage ratio | 11.2x |
| Cash | ج.م2.39b |
| Equity | ج.م7.47b |
| Total liabilities | ج.م11.01b |
| Total assets | ج.م18.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MASR's short term assets (EGP16.3B) exceed its short term liabilities (EGP9.7B).
Long Term Liabilities: MASR's short term assets (EGP16.3B) exceed its long term liabilities (EGP1.3B).
Debt to Equity History and Analysis
Debt Level: MASR's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: MASR's debt to equity ratio has increased from 19.9% to 37.4% over the past 5 years.
Debt Coverage: MASR's debt is well covered by operating cash flow (63.3%).
Interest Coverage: MASR's interest payments on its debt are well covered by EBIT (11.2x coverage).