Société de Réalisations Mécaniques Balance Sheet Health
Financial Health criteria checks 3/6
Société de Réalisations Mécaniques has a total shareholder equity of MAD153.1M and total debt of MAD93.3M, which brings its debt-to-equity ratio to 60.9%. Its total assets and total liabilities are MAD346.0M and MAD192.9M respectively.
Key information
60.9%
Debt to equity ratio
د.م93.26m
Debt
| Interest coverage ratio | n/a |
| Cash | د.م15.35m |
| Equity | د.م153.06m |
| Total liabilities | د.م192.93m |
| Total assets | د.م345.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SRM's short term assets (MAD342.4M) exceed its short term liabilities (MAD190.9M).
Long Term Liabilities: SRM's short term assets (MAD342.4M) exceed its long term liabilities (MAD2.0M).
Debt to Equity History and Analysis
Debt Level: SRM's net debt to equity ratio (50.9%) is considered high.
Reducing Debt: SRM's debt to equity ratio has reduced from 82.6% to 60.9% over the past 5 years.
Debt Coverage: SRM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SRM's interest payments on its debt are well covered by EBIT.