Ezz Steel Company (S.A.E) Balance Sheet Health
Financial Health criteria checks 3/6
Ezz Steel Company (S.A.E) has a total shareholder equity of EGP2.5B and total debt of EGP78.0B, which brings its debt-to-equity ratio to 3061.7%. Its total assets and total liabilities are EGP125.7B and EGP123.2B respectively. Ezz Steel Company (S.A.E)'s EBIT is EGP31.2B making its interest coverage ratio 7.6. It has cash and short-term investments of EGP27.5B.
Key information
3,061.7%
Debt to equity ratio
ج.م78.02b
Debt
Interest coverage ratio | 7.6x |
Cash | ج.م27.50b |
Equity | ج.م2.55b |
Total liabilities | ج.م123.16b |
Total assets | ج.م125.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AEZD's short term assets (EGP90.3B) exceed its short term liabilities (EGP90.2B).
Long Term Liabilities: AEZD's short term assets (EGP90.3B) exceed its long term liabilities (EGP33.0B).
Debt to Equity History and Analysis
Debt Level: AEZD's net debt to equity ratio (1982.7%) is considered high.
Reducing Debt: AEZD's debt to equity ratio has increased from 616.2% to 3061.7% over the past 5 years.
Debt Coverage: AEZD's debt is not well covered by operating cash flow (10%).
Interest Coverage: AEZD's interest payments on its debt are well covered by EBIT (7.6x coverage).