Foodco National Foodstuff PJSC Balance Sheet Health
Financial Health criteria checks 5/6
Foodco National Foodstuff PJSC has a total shareholder equity of AED218.8M and total debt of AED727.1K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are AED289.9M and AED71.1M respectively.
Key information
0.3%
Debt to equity ratio
د.إ727.07k
Debt
Interest coverage ratio | n/a |
Cash | د.إ1.68m |
Equity | د.إ218.75m |
Total liabilities | د.إ71.12m |
Total assets | د.إ289.87m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FNF's short term assets (AED130.2M) exceed its short term liabilities (AED63.4M).
Long Term Liabilities: FNF's short term assets (AED130.2M) exceed its long term liabilities (AED7.7M).
Debt to Equity History and Analysis
Debt Level: FNF has more cash than its total debt.
Reducing Debt: FNF's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable FNF has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FNF is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 61.6% per year.