East Delta Flour Mills Balance Sheet Health
Financial Health criteria checks 6/6
East Delta Flour Mills has a total shareholder equity of EGP378.2M and total debt of EGP0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are EGP963.0M and EGP584.8M respectively. East Delta Flour Mills's EBIT is EGP109.2M making its interest coverage ratio -1.4. It has cash and short-term investments of EGP462.4M.
Key information
0%
Debt to equity ratio
ج.م0
Debt
Interest coverage ratio | -1.4x |
Cash | ج.م462.35m |
Equity | ج.م378.19m |
Total liabilities | ج.م584.81m |
Total assets | ج.م963.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EDFM's short term assets (EGP715.2M) exceed its short term liabilities (EGP573.7M).
Long Term Liabilities: EDFM's short term assets (EGP715.2M) exceed its long term liabilities (EGP11.1M).
Debt to Equity History and Analysis
Debt Level: EDFM is debt free.
Reducing Debt: EDFM had no debt 5 years ago.
Debt Coverage: EDFM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: EDFM has no debt, therefore coverage of interest payments is not a concern.