Egypt Free Shops Balance Sheet Health
Financial Health criteria checks 6/6
Egypt Free Shops has a total shareholder equity of EGP453.4M and total debt of EGP0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are EGP721.8M and EGP268.4M respectively. Egypt Free Shops's EBIT is EGP385.8M making its interest coverage ratio -28. It has cash and short-term investments of EGP182.1M.
Key information
0%
Debt to equity ratio
ج.م0
Debt
Interest coverage ratio | -28x |
Cash | ج.م182.11m |
Equity | ج.م453.42m |
Total liabilities | ج.م268.39m |
Total assets | ج.م721.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MFSC's short term assets (EGP645.1M) exceed its short term liabilities (EGP242.6M).
Long Term Liabilities: MFSC's short term assets (EGP645.1M) exceed its long term liabilities (EGP25.8M).
Debt to Equity History and Analysis
Debt Level: MFSC is debt free.
Reducing Debt: MFSC has no debt compared to 5 years ago when its debt to equity ratio was 0.01%.
Debt Coverage: MFSC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MFSC has no debt, therefore coverage of interest payments is not a concern.