East Delta Flour Mills Balance Sheet Health
Financial Health criteria checks 6/6
East Delta Flour Mills has a total shareholder equity of EGP490.4M and total debt of EGP0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are EGP1.1B and EGP651.1M respectively. East Delta Flour Mills's EBIT is EGP104.2M making its interest coverage ratio -0.9. It has cash and short-term investments of EGP609.6M.
Key information
0%
Debt to equity ratio
ج.م0
Debt
| Interest coverage ratio | -0.9x |
| Cash | ج.م609.57m |
| Equity | ج.م490.41m |
| Total liabilities | ج.م651.07m |
| Total assets | ج.م1.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EDFM's short term assets (EGP888.9M) exceed its short term liabilities (EGP639.3M).
Long Term Liabilities: EDFM's short term assets (EGP888.9M) exceed its long term liabilities (EGP11.8M).
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.