Itissalat Al-Maghrib (IAM) Balance Sheet Health
Financial Health criteria checks 4/6
Itissalat Al-Maghrib (IAM) has a total shareholder equity of MAD15.6B and total debt of MAD13.8B, which brings its debt-to-equity ratio to 88.1%. Its total assets and total liabilities are MAD67.5B and MAD51.8B respectively. Itissalat Al-Maghrib (IAM)'s EBIT is MAD5.7B making its interest coverage ratio 6.5. It has cash and short-term investments of MAD1.0B.
Key information
88.1%
Debt to equity ratio
د.م13.78b
Debt
| Interest coverage ratio | 6.5x |
| Cash | د.م1.02b |
| Equity | د.م15.64b |
| Total liabilities | د.م51.83b |
| Total assets | د.م67.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MSPA's short term assets (MAD15.5B) do not cover its short term liabilities (MAD47.0B).
Long Term Liabilities: MSPA's short term assets (MAD15.5B) exceed its long term liabilities (MAD4.8B).
Debt to Equity History and Analysis
Debt Level: MSPA's net debt to equity ratio (81.6%) is considered high.
Reducing Debt: MSPA's debt to equity ratio has reduced from 133.4% to 88.1% over the past 5 years.
Debt Coverage: MSPA's debt is well covered by operating cash flow (101.7%).
Interest Coverage: MSPA's interest payments on its debt are well covered by EBIT (6.5x coverage).