Golden Wheat Mills P.L.C Balance Sheet Health
Financial Health criteria checks 4/6
Golden Wheat Mills P.L.C has a total shareholder equity of JOD16.0M and total debt of JOD6.8M, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are JOD25.1M and JOD9.1M respectively. Golden Wheat Mills P.L.C's EBIT is JOD161.2K making its interest coverage ratio 0.5. It has cash and short-term investments of JOD1.0M.
Key information
42.5%
Debt to equity ratio
د.أ6.80m
Debt
| Interest coverage ratio | 0.5x |
| Cash | د.أ1.02m |
| Equity | د.أ16.00m |
| Total liabilities | د.أ9.12m |
| Total assets | د.أ25.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GMC's short term assets (JOD15.7M) exceed its short term liabilities (JOD8.5M).
Long Term Liabilities: GMC's short term assets (JOD15.7M) exceed its long term liabilities (JOD574.6K).
Debt to Equity History and Analysis
Debt Level: GMC's net debt to equity ratio (36.1%) is considered satisfactory.
Reducing Debt: GMC's debt to equity ratio has increased from 7.2% to 42.5% over the past 5 years.
Debt Coverage: GMC's debt is well covered by operating cash flow (79.2%).
Interest Coverage: GMC's interest payments on its debt are not well covered by EBIT (0.5x coverage).