Filtisac Balance Sheet Health
Financial Health criteria checks 4/6
Filtisac has a total shareholder equity of F CFA23.8B and total debt of F CFA18.6B, which brings its debt-to-equity ratio to 78.2%. Its total assets and total liabilities are F CFA54.9B and F CFA31.0B respectively. Filtisac's EBIT is F CFA845.9M making its interest coverage ratio -0.3. It has cash and short-term investments of F CFA275.0M.
Key information
78.2%
Debt to equity ratio
XOF18.64b
Debt
Interest coverage ratio | -0.3x |
Cash | XOF275.03m |
Equity | XOF23.83b |
Total liabilities | XOF31.02b |
Total assets | XOF54.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FTSC's short term assets (F CFA36.6B) exceed its short term liabilities (F CFA25.9B).
Long Term Liabilities: FTSC's short term assets (F CFA36.6B) exceed its long term liabilities (F CFA5.1B).
Debt to Equity History and Analysis
Debt Level: FTSC's net debt to equity ratio (77.1%) is considered high.
Reducing Debt: FTSC's debt to equity ratio has reduced from 182.7% to 78.2% over the past 5 years.
Debt Coverage: FTSC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FTSC earns more interest than it pays, so coverage of interest payments is not a concern.