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 EGP740.6M and total debt of EGP0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are EGP1.6B and EGP868.7M respectively. United for Housing & Development -E's EBIT is EGP231.9M making its interest coverage ratio 2.9. It has cash and short-term investments of EGP173.8M.
Key information
0%
Debt to equity ratio
ج.م0
Debt
Interest coverage ratio | 2.9x |
Cash | ج.م173.84m |
Equity | ج.م740.55m |
Total liabilities | ج.م868.71m |
Total assets | ج.م1.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UNIT's short term assets (EGP1.5B) exceed its short term liabilities (EGP433.3M).
Long Term Liabilities: UNIT's short term assets (EGP1.5B) exceed its long term liabilities (EGP435.4M).
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.