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 JOD9.4M and total debt of JOD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are JOD10.3M and JOD892.4K respectively. Universal Modern Industries For Edible Oil's EBIT is JOD324.6K making its interest coverage ratio -1.7. It has cash and short-term investments of JOD4.2M.
Key information
0%
Debt to equity ratio
د.أ0
Debt
| Interest coverage ratio | -1.7x |
| Cash | د.أ4.19m |
| Equity | د.أ9.43m |
| Total liabilities | د.أ892.44k |
| Total assets | د.أ10.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UMIC's short term assets (JOD9.6M) exceed its short term liabilities (JOD892.4K).
Long Term Liabilities: UMIC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: UMIC is debt free.
Reducing Debt: UMIC has no debt compared to 5 years ago when its debt to equity ratio was 0.9%.
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.