Société de Réalisations Mécaniques Balance Sheet Health
Financial Health criteria checks 3/6
Société de Réalisations Mécaniques has a total shareholder equity of MAD163.1M and total debt of MAD113.7M, which brings its debt-to-equity ratio to 69.7%. Its total assets and total liabilities are MAD343.5M and MAD180.4M respectively. Société de Réalisations Mécaniques's EBIT is MAD129.1K making its interest coverage ratio 0. It has cash and short-term investments of MAD5.5M.
Key information
69.7%
Debt to equity ratio
د.م113.71m
Debt
| Interest coverage ratio | 0.03x |
| Cash | د.م5.52m |
| Equity | د.م163.13m |
| Total liabilities | د.م180.37m |
| Total assets | د.م343.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SRM's short term assets (MAD339.9M) exceed its short term liabilities (MAD178.4M).
Long Term Liabilities: SRM's short term assets (MAD339.9M) exceed its long term liabilities (MAD2.0M).
Debt to Equity History and Analysis
Debt Level: SRM's net debt to equity ratio (66.3%) is considered high.
Reducing Debt: SRM's debt to equity ratio has reduced from 79.1% to 69.7% over the past 5 years.
Debt Coverage: SRM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SRM's interest payments on its debt are not well covered by EBIT (0x coverage).