Egyptian Transport and Commercial Services CompanyE Balance Sheet Health
Financial Health criteria checks 5/6
Egyptian Transport and Commercial Services CompanyE has a total shareholder equity of EGP377.2M and total debt of EGP40.7M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are EGP553.4M and EGP176.2M respectively. Egyptian Transport and Commercial Services CompanyE's EBIT is EGP14.8M making its interest coverage ratio 6.2. It has cash and short-term investments of EGP117.1M.
Key information
10.8%
Debt to equity ratio
ج.م40.73m
Debt
| Interest coverage ratio | 6.2x |
| Cash | ج.م117.08m |
| Equity | ج.م377.19m |
| Total liabilities | ج.م176.17m |
| Total assets | ج.م553.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ETRS's short term assets (EGP288.2M) exceed its short term liabilities (EGP118.4M).
Long Term Liabilities: ETRS's short term assets (EGP288.2M) exceed its long term liabilities (EGP57.8M).
Debt to Equity History and Analysis
Debt Level: ETRS has more cash than its total debt.
Reducing Debt: ETRS's debt to equity ratio has increased from 3.7% to 10.8% over the past 5 years.
Debt Coverage: ETRS's debt is well covered by operating cash flow (111.8%).
Interest Coverage: ETRS's interest payments on its debt are well covered by EBIT (6.2x coverage).