Travaux Généraux de Construction de Casablanca Balance Sheet Health
Financial Health criteria checks 4/6
Travaux Généraux de Construction de Casablanca has a total shareholder equity of MAD1.2B and total debt of MAD286.2M, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are MAD6.2B and MAD5.0B respectively. Travaux Généraux de Construction de Casablanca's EBIT is MAD471.0M making its interest coverage ratio 10.4. It has cash and short-term investments of MAD300.7M.
Key information
23.2%
Debt to equity ratio
د.م286.18m
Debt
Interest coverage ratio | 10.4x |
Cash | د.م300.74m |
Equity | د.م1.23b |
Total liabilities | د.م4.96b |
Total assets | د.م6.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TGC's short term assets (MAD5.6B) exceed its short term liabilities (MAD4.7B).
Long Term Liabilities: TGC's short term assets (MAD5.6B) exceed its long term liabilities (MAD286.7M).
Debt to Equity History and Analysis
Debt Level: TGC has more cash than its total debt.
Reducing Debt: Insufficient data to determine if TGC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TGC's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: TGC's interest payments on its debt are well covered by EBIT (10.4x coverage).