Telecom Egypt Balance Sheet Health
Financial Health criteria checks 1/6
Telecom Egypt has a total shareholder equity of EGP43.5B and total debt of EGP80.8B, which brings its debt-to-equity ratio to 185.9%. Its total assets and total liabilities are EGP184.9B and EGP141.4B respectively. Telecom Egypt's EBIT is EGP13.4B making its interest coverage ratio 2. It has cash and short-term investments of EGP7.4B.
Key information
185.9%
Debt to equity ratio
ج.م80.79b
Debt
| Interest coverage ratio | 2x |
| Cash | ج.م7.37b |
| Equity | ج.م43.46b |
| Total liabilities | ج.م141.41b |
| Total assets | ج.م184.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ETEL's short term assets (EGP41.4B) do not cover its short term liabilities (EGP90.0B).
Long Term Liabilities: ETEL's short term assets (EGP41.4B) do not cover its long term liabilities (EGP51.4B).
Debt to Equity History and Analysis
Debt Level: ETEL's net debt to equity ratio (168.9%) is considered high.
Reducing Debt: ETEL's debt to equity ratio has increased from 35% to 185.9% over the past 5 years.
Debt Coverage: ETEL's debt is well covered by operating cash flow (23.9%).
Interest Coverage: ETEL's interest payments on its debt are not well covered by EBIT (2x coverage).