Middle & West Delta Flour Mills Balance Sheet Health
Financial Health criteria checks 6/6
Middle & West Delta Flour Mills has a total shareholder equity of EGP842.2M and total debt of EGP0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are EGP2.2B and EGP1.3B respectively. Middle & West Delta Flour Mills's EBIT is EGP360.1M making its interest coverage ratio -4.9. It has cash and short-term investments of EGP1.4B.
Key information
0%
Debt to equity ratio
ج.م0
Debt
Interest coverage ratio | -4.9x |
Cash | ج.م1.41b |
Equity | ج.م842.22m |
Total liabilities | ج.م1.32b |
Total assets | ج.م2.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WCDF's short term assets (EGP1.8B) exceed its short term liabilities (EGP1.3B).
Long Term Liabilities: WCDF's short term assets (EGP1.8B) exceed its long term liabilities (EGP25.2M).
Debt to Equity History and Analysis
Debt Level: WCDF is debt free.
Reducing Debt: WCDF has no debt compared to 5 years ago when its debt to equity ratio was 16.1%.
Debt Coverage: WCDF has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WCDF has no debt, therefore coverage of interest payments is not a concern.