Middle Egypt Flour Mills Balance Sheet Health
Financial Health criteria checks 6/6
Middle Egypt Flour Mills has a total shareholder equity of EGP414.8M and total debt of EGP0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are EGP751.7M and EGP336.9M respectively. Middle Egypt Flour Mills's EBIT is EGP114.5M making its interest coverage ratio -1.9. It has cash and short-term investments of EGP334.4M.
Key information
0%
Debt to equity ratio
ج.م0
Debt
| Interest coverage ratio | -1.9x |
| Cash | ج.م334.45m |
| Equity | ج.م414.81m |
| Total liabilities | ج.م336.92m |
| Total assets | ج.م751.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEFM's short term assets (EGP542.4M) exceed its short term liabilities (EGP308.9M).
Long Term Liabilities: CEFM's short term assets (EGP542.4M) exceed its long term liabilities (EGP28.0M).
Debt to Equity History and Analysis
Debt Level: CEFM is debt free.
Reducing Debt: CEFM has no debt compared to 5 years ago when its debt to equity ratio was 2.2%.
Debt Coverage: CEFM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CEFM has no debt, therefore coverage of interest payments is not a concern.