TotalEnergies Marketing Ghana Balance Sheet Health
Financial Health criteria checks 5/6
TotalEnergies Marketing Ghana has a total shareholder equity of GHS486.7M and total debt of GHS323.2M, which brings its debt-to-equity ratio to 66.4%. Its total assets and total liabilities are GHS2.0B and GHS1.5B respectively. TotalEnergies Marketing Ghana's EBIT is GHS324.9M making its interest coverage ratio 3.9. It has cash and short-term investments of GHS258.3M.
Key information
66.4%
Debt to equity ratio
GH₵323.20m
Debt
Interest coverage ratio | 3.9x |
Cash | GH₵258.32m |
Equity | GH₵486.72m |
Total liabilities | GH₵1.47b |
Total assets | GH₵1.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOTAL's short term assets (GHS1.3B) do not cover its short term liabilities (GHS1.3B).
Long Term Liabilities: TOTAL's short term assets (GHS1.3B) exceed its long term liabilities (GHS144.9M).
Debt to Equity History and Analysis
Debt Level: TOTAL's net debt to equity ratio (13.3%) is considered satisfactory.
Reducing Debt: TOTAL's debt to equity ratio has reduced from 78.4% to 66.4% over the past 5 years.
Debt Coverage: TOTAL's debt is well covered by operating cash flow (69.4%).
Interest Coverage: TOTAL's interest payments on its debt are well covered by EBIT (3.9x coverage).