Telecom Egypt Balance Sheet Health
Financial Health criteria checks 1/6
Telecom Egypt has a total shareholder equity of EGP45.4B and total debt of EGP81.5B, which brings its debt-to-equity ratio to 179.7%. Its total assets and total liabilities are EGP190.7B and EGP145.3B respectively. Telecom Egypt's EBIT is EGP14.7B making its interest coverage ratio 1.5. It has cash and short-term investments of EGP10.1B.
Key information
179.7%
Debt to equity ratio
ج.م81.53b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ج.م10.06b |
| Equity | ج.م45.37b |
| Total liabilities | ج.م145.32b |
| Total assets | ج.م190.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ETEL's short term assets (EGP45.6B) do not cover its short term liabilities (EGP90.7B).
Long Term Liabilities: ETEL's short term assets (EGP45.6B) do not cover its long term liabilities (EGP54.6B).
Debt to Equity History and Analysis
Debt Level: ETEL's net debt to equity ratio (157.5%) is considered high.
Reducing Debt: ETEL's debt to equity ratio has increased from 44.9% to 179.7% over the past 5 years.
Debt Coverage: ETEL's debt is well covered by operating cash flow (25.3%).
Interest Coverage: ETEL's interest payments on its debt are not well covered by EBIT (1.5x coverage).