Risma Balance Sheet Health
Financial Health criteria checks 2/6
Risma has a total shareholder equity of MAD1.4B and total debt of MAD2.3B, which brings its debt-to-equity ratio to 167.7%. Its total assets and total liabilities are MAD4.2B and MAD2.8B respectively. Risma's EBIT is MAD277.3M making its interest coverage ratio 4.5. It has cash and short-term investments of MAD890.2M.
Key information
167.7%
Debt to equity ratio
د.م2.34b
Debt
Interest coverage ratio | 4.5x |
Cash | د.م890.16m |
Equity | د.م1.39b |
Total liabilities | د.م2.84b |
Total assets | د.م4.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RIS's short term assets (MAD1.1B) exceed its short term liabilities (MAD892.0M).
Long Term Liabilities: RIS's short term assets (MAD1.1B) do not cover its long term liabilities (MAD2.0B).
Debt to Equity History and Analysis
Debt Level: RIS's net debt to equity ratio (103.8%) is considered high.
Reducing Debt: RIS's debt to equity ratio has increased from 154.9% to 167.7% over the past 5 years.
Debt Coverage: RIS's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: RIS's interest payments on its debt are well covered by EBIT (4.5x coverage).