Universal Modern Industries For Edible Oil Balance Sheet Health
Financial Health criteria checks 6/6
Universal Modern Industries For Edible Oil has a total shareholder equity of JOD8.9M and total debt of JOD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are JOD9.8M and JOD876.9K respectively. Universal Modern Industries For Edible Oil's EBIT is JOD63.1K making its interest coverage ratio -0.3. It has cash and short-term investments of JOD4.5M.
Key information
0%
Debt to equity ratio
د.أ0
Debt
| Interest coverage ratio | -0.3x |
| Cash | د.أ4.51m |
| Equity | د.أ8.93m |
| Total liabilities | د.أ876.94k |
| Total assets | د.أ9.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UMIC's short term assets (JOD9.2M) exceed its short term liabilities (JOD876.9K).
Long Term Liabilities: UMIC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: UMIC is debt free.
Reducing Debt: UMIC had no debt 5 years ago.
Debt Coverage: UMIC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: UMIC has no debt, therefore coverage of interest payments is not a concern.