United for Housing & Development -E Balance Sheet Health
Financial Health criteria checks 6/6
United for Housing & Development -E has a total shareholder equity of EGP756.6M and total debt of EGP0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are EGP1.9B and EGP1.1B respectively. United for Housing & Development -E's EBIT is EGP288.5M making its interest coverage ratio 2.4. It has cash and short-term investments of EGP499.7M.
Key information
0%
Debt to equity ratio
ج.م0
Debt
| Interest coverage ratio | 2.4x |
| Cash | ج.م499.67m |
| Equity | ج.م756.65m |
| Total liabilities | ج.م1.10b |
| Total assets | ج.م1.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UNIT's short term assets (EGP1.8B) exceed its short term liabilities (EGP693.0M).
Long Term Liabilities: UNIT's short term assets (EGP1.8B) exceed its long term liabilities (EGP406.7M).
Debt to Equity History and Analysis
Debt Level: UNIT is debt free.
Reducing Debt: UNIT had no debt 5 years ago.
Debt Coverage: UNIT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: UNIT has no debt, therefore coverage of interest payments is not a concern.