Tractafric Motors Côte d'Ivoire S A Balance Sheet Health
Financial Health criteria checks 6/6
Tractafric Motors Côte d'Ivoire S A has a total shareholder equity of F CFA11.5B and total debt of F CFA2.2B, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are F CFA52.2B and F CFA40.7B respectively. Tractafric Motors Côte d'Ivoire S A's EBIT is F CFA3.5B making its interest coverage ratio 16.6. It has cash and short-term investments of F CFA6.3B.
Key information
18.8%
Debt to equity ratio
XOF2.16b
Debt
Interest coverage ratio | 16.6x |
Cash | XOF6.28b |
Equity | XOF11.48b |
Total liabilities | XOF40.69b |
Total assets | XOF52.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRSC's short term assets (F CFA43.2B) exceed its short term liabilities (F CFA38.0B).
Long Term Liabilities: PRSC's short term assets (F CFA43.2B) exceed its long term liabilities (F CFA2.7B).
Debt to Equity History and Analysis
Debt Level: PRSC has more cash than its total debt.
Reducing Debt: PRSC's debt to equity ratio has reduced from 86.3% to 18.8% over the past 5 years.
Debt Coverage: PRSC's debt is well covered by operating cash flow (442.7%).
Interest Coverage: PRSC's interest payments on its debt are well covered by EBIT (16.6x coverage).