Société Multinationale de Bitumes Société Anonyme Balance Sheet Health
Financial Health criteria checks 6/6
Société Multinationale de Bitumes Société Anonyme has a total shareholder equity of F CFA36.0B and total debt of F CFA19.6B, which brings its debt-to-equity ratio to 54.5%. Its total assets and total liabilities are F CFA184.0B and F CFA148.0B respectively. Société Multinationale de Bitumes Société Anonyme's EBIT is F CFA22.3B making its interest coverage ratio 7.2. It has cash and short-term investments of F CFA7.0B.
Key information
54.5%
Debt to equity ratio
XOF 19.58b
Debt
| Interest coverage ratio | 7.2x |
| Cash | XOF 7.00b |
| Equity | XOF 35.95b |
| Total liabilities | XOF 148.04b |
| Total assets | XOF 183.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMBC's short term assets (F CFA162.2B) exceed its short term liabilities (F CFA142.3B).
Long Term Liabilities: SMBC's short term assets (F CFA162.2B) exceed its long term liabilities (F CFA5.8B).
Debt to Equity History and Analysis
Debt Level: SMBC's net debt to equity ratio (35%) is considered satisfactory.
Reducing Debt: SMBC's debt to equity ratio has reduced from 212.3% to 54.5% over the past 5 years.
Debt Coverage: SMBC's debt is well covered by operating cash flow (25.9%).
Interest Coverage: SMBC's interest payments on its debt are well covered by EBIT (7.2x coverage).