Hightech Payment Systems Balance Sheet Health
Financial Health criteria checks 6/6
Hightech Payment Systems has a total shareholder equity of MAD757.2M and total debt of MAD116.1M, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are MAD1.6B and MAD860.6M respectively. Hightech Payment Systems's EBIT is MAD185.1M making its interest coverage ratio 7. It has cash and short-term investments of MAD211.0M.
Key information
15.3%
Debt to equity ratio
د.م116.15m
Debt
Interest coverage ratio | 7x |
Cash | د.م211.04m |
Equity | د.م757.16m |
Total liabilities | د.م860.64m |
Total assets | د.م1.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HPS's short term assets (MAD1.3B) exceed its short term liabilities (MAD738.5M).
Long Term Liabilities: HPS's short term assets (MAD1.3B) exceed its long term liabilities (MAD122.1M).
Debt to Equity History and Analysis
Debt Level: HPS has more cash than its total debt.
Reducing Debt: HPS's debt to equity ratio has reduced from 20.1% to 15.3% over the past 5 years.
Debt Coverage: HPS's debt is well covered by operating cash flow (37.5%).
Interest Coverage: HPS's interest payments on its debt are well covered by EBIT (7x coverage).