Middle Egypt Flour Mills Balance Sheet Health
Financial Health criteria checks 6/6
Middle Egypt Flour Mills has a total shareholder equity of EGP394.9M and total debt of EGP0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are EGP800.0M and EGP405.1M respectively. Middle Egypt Flour Mills's EBIT is EGP72.3M making its interest coverage ratio -1.1. It has cash and short-term investments of EGP344.1M.
Key information
0%
Debt to equity ratio
ج.م0
Debt
| Interest coverage ratio | -1.1x |
| Cash | ج.م344.09m |
| Equity | ج.م394.94m |
| Total liabilities | ج.م405.11m |
| Total assets | ج.م800.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEFM's short term assets (EGP589.5M) exceed its short term liabilities (EGP376.8M).
Long Term Liabilities: CEFM's short term assets (EGP589.5M) exceed its long term liabilities (EGP28.4M).
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 1.5%.
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.