North Cairo Flour Mills Balance Sheet Health
Financial Health criteria checks 6/6
North Cairo Flour Mills has a total shareholder equity of EGP209.4M and total debt of EGP2.1M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are EGP626.2M and EGP416.8M respectively. North Cairo Flour Mills's EBIT is EGP27.7M making its interest coverage ratio -26.9. It has cash and short-term investments of EGP98.2M.
Key information
1.0%
Debt to equity ratio
ج.م2.15m
Debt
| Interest coverage ratio | -26.9x |
| Cash | ج.م98.21m |
| Equity | ج.م209.40m |
| Total liabilities | ج.م416.84m |
| Total assets | ج.م626.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MILS's short term assets (EGP424.6M) exceed its short term liabilities (EGP399.2M).
Long Term Liabilities: MILS's short term assets (EGP424.6M) exceed its long term liabilities (EGP17.6M).
Debt to Equity History and Analysis
Debt Level: MILS has more cash than its total debt.
Reducing Debt: MILS's debt to equity ratio has reduced from 2.8% to 1% over the past 5 years.
Debt Coverage: MILS's debt is well covered by operating cash flow (4426%).
Interest Coverage: MILS earns more interest than it pays, so coverage of interest payments is not a concern.