Zahraa El Maadi Investment and Development Company SAE Balance Sheet Health
Financial Health criteria checks 6/6
Zahraa El Maadi Investment and Development Company SAE has a total shareholder equity of EGP1.7B and total debt of EGP0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are EGP2.5B and EGP888.4M respectively. Zahraa El Maadi Investment and Development Company SAE's EBIT is EGP394.4M making its interest coverage ratio 29.3. It has cash and short-term investments of EGP67.0M.
Key information
0%
Debt to equity ratio
ج.م0
Debt
Interest coverage ratio | 29.3x |
Cash | ج.م67.00m |
Equity | ج.م1.66b |
Total liabilities | ج.م888.40m |
Total assets | ج.م2.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZMID's short term assets (EGP1.6B) exceed its short term liabilities (EGP400.0M).
Long Term Liabilities: ZMID's short term assets (EGP1.6B) exceed its long term liabilities (EGP488.4M).
Debt to Equity History and Analysis
Debt Level: ZMID is debt free.
Reducing Debt: ZMID has no debt compared to 5 years ago when its debt to equity ratio was 6.9%.
Debt Coverage: ZMID has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ZMID has no debt, therefore coverage of interest payments is not a concern.