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 EGP9.4B and total debt of EGP3.0B, which brings its debt-to-equity ratio to 32.2%. Its total assets and total liabilities are EGP21.8B and EGP12.4B respectively. Madinet Masr For Housing and Development's EBIT is EGP4.6B making its interest coverage ratio 10.4. It has cash and short-term investments of EGP3.3B.
Key information
32.2%
Debt to equity ratio
ج.م3.04b
Debt
| Interest coverage ratio | 10.4x |
| Cash | ج.م3.25b |
| Equity | ج.م9.43b |
| Total liabilities | ج.م12.40b |
| Total assets | ج.م21.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MASR's short term assets (EGP18.7B) exceed its short term liabilities (EGP11.4B).
Long Term Liabilities: MASR's short term assets (EGP18.7B) exceed its long term liabilities (EGP1.0B).
Debt to Equity History and Analysis
Debt Level: MASR has more cash than its total debt.
Reducing Debt: MASR's debt to equity ratio has increased from 31.2% to 32.2% over the past 5 years.
Debt Coverage: MASR's debt is well covered by operating cash flow (96.4%).
Interest Coverage: MASR's interest payments on its debt are well covered by EBIT (10.4x coverage).