First Milling Co.

Saudi Stock Exchange 2283.SR

First Milling Co. Interest Coverage Ratio for the year ending December 31, 2023: 3.42

First Milling Co. Interest Coverage Ratio is 3.42 for the year ending December 31, 2023, a -51.63% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • First Milling Co. Interest Coverage Ratio for the year ending December 31, 2022 was 7.08, a -61.10% change year over year.
  • First Milling Co. Interest Coverage Ratio for the year ending December 31, 2021 was 18.19, a 18.54% change year over year.
  • First Milling Co. Interest Coverage Ratio for the year ending December 31, 2020 was 15.35, a 48.77% change year over year.
  • First Milling Co. Interest Coverage Ratio for the year ending December 31, 2019 was 10.32.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
Market news
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SV Wall Street
Saudi Stock Exchange: 2283.SR

First Milling Co.

CEO Mr. Abdullah Abdul-Aziz Abdullah Ababtain
IPO Date June 22, 2023
Location Saudi Arabia
Headquarters Jeddah Islamic Port
Employees 716
Sector Consumers Staples
Industries
Description

First Milling Company produces and sells flour products in the Kingdom of Saudi Arabia. It provides premium flour for use in confectionary and functional baking; bakery flour to make Arabic bread, and other traditional and western baking products; whole wheat flour for making whole meal bread; and superior wheat flour for use in traditional meals. The company also offers pastry and pizza flour products; and livestock fattner, lambs feed, horse feed, pigeon feed, and dairy cattle feed products. In addition, it provides various wheat derivative products, primarily bran for animals; and edible bran products. The company offers its products under the Aloula, Naffa'a, and First Mills names. It serves industrials, bakeries, restaurants, and catering businesses, as well as wholesalers, modern and traditional trade customers, farms and feed distributors, and retail customers. First Milling Company was founded in 1972 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.

StockViz Staff

February 11, 2025

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