Nouvelles Editions Ivoiriennes-Centre d'Editions et de Diffusion Africaines Société anonyme Balance Sheet Health
Financial Health criteria checks 5/6
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 CFA165.0K, 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 CFA1.9B making its interest coverage ratio -15.1. It has cash and short-term investments of F CFA5.4B.
Key information
0.003%
Debt to equity ratio
XOF165.00k
Debt
Interest coverage ratio | -15.1x |
Cash | XOF5.40b |
Equity | XOF5.64b |
Total liabilities | XOF3.42b |
Total assets | XOF9.06b |
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 has more cash than its total debt.
Reducing Debt: NEIC's debt to equity ratio has increased from 0% to 0% over the past 5 years.
Debt Coverage: NEIC's debt is well covered by operating cash flow (662782.6%).
Interest Coverage: NEIC earns more interest than it pays, so coverage of interest payments is not a concern.