TotalEnergies Marketing Ghana Balance Sheet Health
Financial Health criteria checks 6/6
TotalEnergies Marketing Ghana has a total shareholder equity of GHS584.4M and total debt of GHS170.6M, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are GHS1.8B and GHS1.2B respectively. TotalEnergies Marketing Ghana's EBIT is GHS430.1M making its interest coverage ratio 5.1. It has cash and short-term investments of GHS109.8M.
Key information
29.2%
Debt to equity ratio
GH₵170.60m
Debt
| Interest coverage ratio | 5.1x |
| Cash | GH₵109.80m |
| Equity | GH₵584.39m |
| Total liabilities | GH₵1.21b |
| Total assets | GH₵1.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOTAL's short term assets (GHS1.1B) exceed its short term liabilities (GHS1.0B).
Long Term Liabilities: TOTAL's short term assets (GHS1.1B) exceed its long term liabilities (GHS169.8M).
Debt to Equity History and Analysis
Debt Level: TOTAL's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: TOTAL's debt to equity ratio has reduced from 60.4% to 29.2% over the past 5 years.
Debt Coverage: TOTAL's debt is well covered by operating cash flow (196.9%).
Interest Coverage: TOTAL's interest payments on its debt are well covered by EBIT (5.1x coverage).