Golden Wheat Mills P.L.C Balance Sheet Health
Financial Health criteria checks 5/6
Golden Wheat Mills P.L.C has a total shareholder equity of JOD16.3M and total debt of JOD7.3M, which brings its debt-to-equity ratio to 45.1%. Its total assets and total liabilities are JOD25.9M and JOD9.6M respectively. Golden Wheat Mills P.L.C's EBIT is JOD548.5K making its interest coverage ratio 3.1. It has cash and short-term investments of JOD1.3M.
Key information
45.1%
Debt to equity ratio
د.أ7.35m
Debt
| Interest coverage ratio | 3.1x |
| Cash | د.أ1.27m |
| Equity | د.أ16.30m |
| Total liabilities | د.أ9.59m |
| Total assets | د.أ25.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GMC's short term assets (JOD16.4M) exceed its short term liabilities (JOD9.0M).
Long Term Liabilities: GMC's short term assets (JOD16.4M) exceed its long term liabilities (JOD593.9K).
Debt to Equity History and Analysis
Debt Level: GMC's net debt to equity ratio (37.3%) is considered satisfactory.
Reducing Debt: GMC's debt to equity ratio has increased from 8.4% to 45.1% over the past 5 years.
Debt Coverage: GMC's debt is well covered by operating cash flow (61.6%).
Interest Coverage: GMC's interest payments on its debt are well covered by EBIT (3.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 07:09 |
| End of Day Share Price | 2024/11/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Golden Wheat Mills P.L.C is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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