Telecom Egypt Balance Sheet Health
Financial Health criteria checks 3/6
Telecom Egypt has a total shareholder equity of EGP50.9B and total debt of EGP49.3B, which brings its debt-to-equity ratio to 97%. Its total assets and total liabilities are EGP150.6B and EGP99.8B respectively. Telecom Egypt's EBIT is EGP12.1B making its interest coverage ratio 3.4. It has cash and short-term investments of EGP11.0B.
Key information
97.0%
Debt to equity ratio
ج.م49.34b
Debt
Interest coverage ratio | 3.4x |
Cash | ج.م10.98b |
Equity | ج.م50.88b |
Total liabilities | ج.م99.76b |
Total assets | ج.م150.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ETEL's short term assets (EGP34.4B) do not cover its short term liabilities (EGP67.4B).
Long Term Liabilities: ETEL's short term assets (EGP34.4B) exceed its long term liabilities (EGP32.3B).
Debt to Equity History and Analysis
Debt Level: ETEL's net debt to equity ratio (75.4%) is considered high.
Reducing Debt: ETEL's debt to equity ratio has increased from 42.9% to 97% over the past 5 years.
Debt Coverage: ETEL's debt is well covered by operating cash flow (34.3%).
Interest Coverage: ETEL's interest payments on its debt are well covered by EBIT (3.4x coverage).