Electricité et Eaux de Madagascar Société Anonyme Balance Sheet Health
Financial Health criteria checks 4/6
Electricité et Eaux de Madagascar Société Anonyme has a total shareholder equity of €17.5M and total debt of €4.0M, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are €30.1M and €12.7M respectively.
Key information
22.7%
Debt to equity ratio
€3.96m
Debt
| Interest coverage ratio | n/a |
| Cash | €10.03m |
| Equity | €17.48m |
| Total liabilities | €12.66m |
| Total assets | €30.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EEM's short term assets (€12.2M) exceed its short term liabilities (€9.7M).
Long Term Liabilities: EEM's short term assets (€12.2M) exceed its long term liabilities (€2.9M).
Debt to Equity History and Analysis
Debt Level: EEM has more cash than its total debt.
Reducing Debt: EEM's debt to equity ratio has reduced from 24% to 22.7% over the past 5 years.
Debt Coverage: EEM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if EEM's interest payments on its debt are well covered by EBIT.