Servair Abidjan Balance Sheet Health
Financial Health criteria checks 5/6
Servair Abidjan has a total shareholder equity of F CFA5.2B and total debt of F CFA883.0M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are F CFA12.9B and F CFA7.7B respectively. Servair Abidjan's EBIT is F CFA2.0B making its interest coverage ratio 23.4. It has cash and short-term investments of F CFA7.7B.
Key information
17.1%
Debt to equity ratio
XOF 883.00m
Debt
| Interest coverage ratio | 23.4x |
| Cash | XOF 7.68b |
| Equity | XOF 5.17b |
| Total liabilities | XOF 7.72b |
| Total assets | XOF 12.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABJC's short term assets (F CFA11.3B) exceed its short term liabilities (F CFA6.4B).
Long Term Liabilities: ABJC's short term assets (F CFA11.3B) exceed its long term liabilities (F CFA1.3B).
Debt to Equity History and Analysis
Debt Level: ABJC has more cash than its total debt.
Reducing Debt: ABJC's debt to equity ratio has increased from 2.7% to 17.1% over the past 5 years.
Debt Coverage: ABJC's debt is well covered by operating cash flow (297.6%).
Interest Coverage: ABJC's interest payments on its debt are well covered by EBIT (23.4x coverage).