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: TEEG's short term assets (EGP41.4B) do not cover its short term liabilities (EGP90.0B).
Long Term Liabilities: TEEG's short term assets (EGP41.4B) do not cover its long term liabilities (EGP51.4B).
Debt to Equity History and Analysis
Debt Level: TEEG's net debt to equity ratio (168.9%) is considered high.
Reducing Debt: TEEG's debt to equity ratio has increased from 35% to 185.9% over the past 5 years.
Debt Coverage: TEEG's debt is well covered by operating cash flow (23.9%).
Interest Coverage: TEEG's interest payments on its debt are not well covered by EBIT (2x coverage).