Honeywell Flour Mills Plc

NGSE:HONYFLOUR Stock Report

Mkt Cap: ₦17.7b

Honeywell Flour Mills Financial Health

How is Honeywell Flour Mills's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: HONYFLOUR's short term assets (NGN61.9B) do not cover its short term liabilities (NGN62.9B).

Long Term Liabilities: HONYFLOUR's short term assets (NGN61.9B) exceed its long term liabilities (NGN49.6B).


Debt to Equity History and Analysis

Debt Level: HONYFLOUR's net debt to equity ratio (113.5%) is considered high.

Reducing Debt: HONYFLOUR's debt to equity ratio has increased from 105.7% to 136.6% over the past 5 years.

Debt Coverage: HONYFLOUR's debt is not well covered by operating cash flow (11.7%).

Interest Coverage: HONYFLOUR's interest payments on its debt are not well covered by EBIT (0.3x coverage).


Balance Sheet


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