North Cairo Flour Mills Balance Sheet Health
Financial Health criteria checks 6/6
North Cairo Flour Mills has a total shareholder equity of EGP218.4M and total debt of EGP0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are EGP708.5M and EGP490.1M respectively. North Cairo Flour Mills's EBIT is EGP13.0M making its interest coverage ratio -4.1. It has cash and short-term investments of EGP88.9M.
Key information
0%
Debt to equity ratio
ج.م0
Debt
| Interest coverage ratio | -4.1x |
| Cash | ج.م88.86m |
| Equity | ج.م218.41m |
| Total liabilities | ج.م490.13m |
| Total assets | ج.م708.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MILS's short term assets (EGP503.8M) exceed its short term liabilities (EGP471.4M).
Long Term Liabilities: MILS's short term assets (EGP503.8M) exceed its long term liabilities (EGP18.7M).
Debt to Equity History and Analysis
Debt Level: MILS is debt free.
Reducing Debt: MILS has no debt compared to 5 years ago when its debt to equity ratio was 15.5%.
Debt Coverage: MILS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MILS has no debt, therefore coverage of interest payments is not a concern.