Société Multinationale de Bitumes Société Anonyme Balance Sheet Health
Financial Health criteria checks 5/6
Société Multinationale de Bitumes Société Anonyme has a total shareholder equity of F CFA24.9B and total debt of F CFA28.5B, which brings its debt-to-equity ratio to 114.3%. Its total assets and total liabilities are F CFA164.8B and F CFA139.8B respectively. Société Multinationale de Bitumes Société Anonyme's EBIT is F CFA13.8B making its interest coverage ratio 10.9. It has cash and short-term investments of F CFA19.2B.
Debt to equity ratio
|Interest coverage ratio
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SMBC's short term assets (F CFA140.7B) exceed its short term liabilities (F CFA133.9B).
Long Term Liabilities: SMBC's short term assets (F CFA140.7B) exceed its long term liabilities (F CFA5.9B).
Debt to Equity History and Analysis
Debt Level: SMBC's net debt to equity ratio (37.4%) is considered satisfactory.
Reducing Debt: SMBC's debt to equity ratio has reduced from 411.3% to 114.3% over the past 5 years.
Debt Coverage: SMBC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SMBC's interest payments on its debt are well covered by EBIT (10.9x coverage).