Label Vie Balance Sheet Health
Financial Health criteria checks 3/6
Label Vie has a total shareholder equity of MAD3.2B and total debt of MAD5.1B, which brings its debt-to-equity ratio to 158.2%. Its total assets and total liabilities are MAD13.4B and MAD10.1B respectively. Label Vie's EBIT is MAD794.4M making its interest coverage ratio 6.5. It has cash and short-term investments of MAD1.4B.
Key information
158.2%
Debt to equity ratio
د.م5.09b
Debt
Interest coverage ratio | 6.5x |
Cash | د.م1.44b |
Equity | د.م3.22b |
Total liabilities | د.م10.15b |
Total assets | د.م13.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LBV's short term assets (MAD6.1B) exceed its short term liabilities (MAD5.3B).
Long Term Liabilities: LBV's short term assets (MAD6.1B) exceed its long term liabilities (MAD4.9B).
Debt to Equity History and Analysis
Debt Level: LBV's net debt to equity ratio (113.3%) is considered high.
Reducing Debt: LBV's debt to equity ratio has increased from 144.9% to 158.2% over the past 5 years.
Debt Coverage: LBV's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: LBV's interest payments on its debt are well covered by EBIT (6.5x coverage).