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 €18.8M and total debt of €3.8M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are €32.3M and €13.5M respectively.
Key information
20.5%
Debt to equity ratio
€3.84m
Debt
Interest coverage ratio | n/a |
Cash | €12.58m |
Equity | €18.76m |
Total liabilities | €13.50m |
Total assets | €32.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EEM's short term assets (€14.8M) exceed its short term liabilities (€10.6M).
Long Term Liabilities: EEM's short term assets (€14.8M) 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 21.8% to 20.5% 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.