Servair Abidjan Balance Sheet Health
Financial Health criteria checks 6/6
Servair Abidjan has a total shareholder equity of F CFA4.6B and total debt of F CFA68.1M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are F CFA10.2B and F CFA5.6B respectively. Servair Abidjan's EBIT is F CFA1.7B making its interest coverage ratio -16.1. It has cash and short-term investments of F CFA5.4B.
Key information
1.5%
Debt to equity ratio
XOF68.08m
Debt
Interest coverage ratio | -16.1x |
Cash | XOF5.41b |
Equity | XOF4.57b |
Total liabilities | XOF5.61b |
Total assets | XOF10.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABJC's short term assets (F CFA9.2B) exceed its short term liabilities (F CFA5.1B).
Long Term Liabilities: ABJC's short term assets (F CFA9.2B) exceed its long term liabilities (F CFA561.4M).
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 reduced from 33.1% to 1.5% over the past 5 years.
Debt Coverage: ABJC's debt is well covered by operating cash flow (3446.1%).
Interest Coverage: ABJC earns more interest than it pays, so coverage of interest payments is not a concern.