Nouvelles Editions Ivoiriennes-Centre d'Editions et de Diffusion Africaines Société anonyme Balance Sheet Health
Financial Health criteria checks 6/6
Nouvelles Editions Ivoiriennes-Centre d'Editions et de Diffusion Africaines Société anonyme has a total shareholder equity of F CFA5.6B and total debt of F CFA0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are F CFA9.1B and F CFA3.4B respectively. Nouvelles Editions Ivoiriennes-Centre d'Editions et de Diffusion Africaines Société anonyme's EBIT is F CFA1.3B making its interest coverage ratio -10.7. It has cash and short-term investments of F CFA5.4B.
Key information
0%
Debt to equity ratio
XOF 0
Debt
| Interest coverage ratio | -10.7x |
| Cash | XOF 5.40b |
| Equity | XOF 5.64b |
| Total liabilities | XOF 3.42b |
| Total assets | XOF 9.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NEIC's short term assets (F CFA9.0B) exceed its short term liabilities (F CFA3.3B).
Long Term Liabilities: NEIC's short term assets (F CFA9.0B) exceed its long term liabilities (F CFA79.6M).
Debt to Equity History and Analysis
Debt Level: NEIC is debt free.
Reducing Debt: NEIC has not had any debt for past 5 years.
Debt Coverage: NEIC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NEIC has no debt, therefore coverage of interest payments is not a concern.