Aluminium Du Maroc Balance Sheet Health
Financial Health criteria checks 3/6
Aluminium Du Maroc has a total shareholder equity of MAD263.9M and total debt of MAD397.4M, which brings its debt-to-equity ratio to 150.6%. Its total assets and total liabilities are MAD1.2B and MAD965.8M respectively. Aluminium Du Maroc's EBIT is MAD72.3M making its interest coverage ratio 1.2. It has cash and short-term investments of MAD4.6M.
Key information
150.6%
Debt to equity ratio
د.م397.37m
Debt
Interest coverage ratio | 1.2x |
Cash | د.م4.60m |
Equity | د.م263.89m |
Total liabilities | د.م965.78m |
Total assets | د.م1.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALM's short term assets (MAD960.6M) exceed its short term liabilities (MAD704.6M).
Long Term Liabilities: ALM's short term assets (MAD960.6M) exceed its long term liabilities (MAD261.2M).
Debt to Equity History and Analysis
Debt Level: ALM's net debt to equity ratio (148.8%) is considered high.
Reducing Debt: ALM's debt to equity ratio has increased from 73.7% to 150.6% over the past 5 years.
Debt Coverage: ALM's debt is well covered by operating cash flow (64.4%).
Interest Coverage: ALM's interest payments on its debt are not well covered by EBIT (1.2x coverage).