Risma Balance Sheet Health
Financial Health criteria checks 2/6
Risma has a total shareholder equity of MAD1.6B and total debt of MAD1.9B, which brings its debt-to-equity ratio to 123.2%. Its total assets and total liabilities are MAD4.0B and MAD2.5B respectively. Risma's EBIT is MAD230.8M making its interest coverage ratio 2. It has cash and short-term investments of MAD765.0M.
Key information
123.2%
Debt to equity ratio
د.م1.94b
Debt
| Interest coverage ratio | 2x |
| Cash | د.م765.00m |
| Equity | د.م1.58b |
| Total liabilities | د.م2.46b |
| Total assets | د.م4.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RIS's short term assets (MAD995.0M) exceed its short term liabilities (MAD812.0M).
Long Term Liabilities: RIS's short term assets (MAD995.0M) do not cover its long term liabilities (MAD1.6B).
Debt to Equity History and Analysis
Debt Level: RIS's net debt to equity ratio (74.7%) is considered high.
Reducing Debt: RIS's debt to equity ratio has reduced from 136.6% to 123.2% over the past 5 years.
Debt Coverage: RIS's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: RIS's interest payments on its debt are not well covered by EBIT (2x coverage).