Fenie Brossette Balance Sheet Health
Financial Health criteria checks 3/6
Fenie Brossette has a total shareholder equity of MAD131.6M and total debt of MAD58.1M, which brings its debt-to-equity ratio to 44.2%. Its total assets and total liabilities are MAD504.9M and MAD373.3M respectively. Fenie Brossette's EBIT is MAD16.2M making its interest coverage ratio 2.3. It has cash and short-term investments of MAD5.1M.
Key information
44.2%
Debt to equity ratio
د.م58.10m
Debt
Interest coverage ratio | 2.3x |
Cash | د.م5.15m |
Equity | د.م131.57m |
Total liabilities | د.م373.31m |
Total assets | د.م504.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FBR's short term assets (MAD445.3M) exceed its short term liabilities (MAD328.9M).
Long Term Liabilities: FBR's short term assets (MAD445.3M) exceed its long term liabilities (MAD44.4M).
Debt to Equity History and Analysis
Debt Level: FBR's net debt to equity ratio (40.3%) is considered high.
Reducing Debt: FBR's debt to equity ratio has reduced from 58.2% to 44.2% over the past 5 years.
Debt Coverage: FBR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FBR's interest payments on its debt are not well covered by EBIT (2.3x coverage).