National Flour Mills Balance Sheet Health
Financial Health criteria checks 6/6
National Flour Mills has a total shareholder equity of TTD310.5M and total debt of TTD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are TTD442.6M and TTD132.1M respectively. National Flour Mills's EBIT is TTD56.3M making its interest coverage ratio 99.6. It has cash and short-term investments of TTD51.6M.
Key information
0%
Debt to equity ratio
TT$0
Debt
| Interest coverage ratio | 99.6x |
| Cash | TT$51.57m |
| Equity | TT$310.52m |
| Total liabilities | TT$132.09m |
| Total assets | TT$442.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NFM's short term assets (TTD231.8M) exceed its short term liabilities (TTD51.7M).
Long Term Liabilities: NFM's short term assets (TTD231.8M) exceed its long term liabilities (TTD80.4M).
Debt to Equity History and Analysis
Debt Level: NFM is debt free.
Reducing Debt: NFM has no debt compared to 5 years ago when its debt to equity ratio was 31.9%.
Debt Coverage: NFM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NFM has no debt, therefore coverage of interest payments is not a concern.