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 EGP593.6M and total debt of EGP46.7M, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are EGP861.0M and EGP267.4M respectively. Egyptian Transport and Commercial Services CompanyE's EBIT is EGP89.3M making its interest coverage ratio -179.7. It has cash and short-term investments of EGP205.5M.
Key information
7.9%
Debt to equity ratio
ج.م46.71m
Debt
| Interest coverage ratio | -179.7x |
| Cash | ج.م205.49m |
| Equity | ج.م593.65m |
| Total liabilities | ج.م267.36m |
| Total assets | ج.م861.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ETRS's short term assets (EGP540.6M) exceed its short term liabilities (EGP198.7M).
Long Term Liabilities: ETRS's short term assets (EGP540.6M) exceed its long term liabilities (EGP68.6M).
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 3.5% to 7.9% over the past 5 years.
Debt Coverage: ETRS's debt is well covered by operating cash flow (134.2%).
Interest Coverage: ETRS earns more interest than it pays, so coverage of interest payments is not a concern.