Cartier Saada Balance Sheet Health
Financial Health criteria checks 2/6
Cartier Saada has a total shareholder equity of MAD150.8M and total debt of MAD184.7M, which brings its debt-to-equity ratio to 122.5%. Its total assets and total liabilities are MAD372.8M and MAD222.0M respectively. Cartier Saada's EBIT is MAD14.3M making its interest coverage ratio 1.8. It has cash and short-term investments of MAD567.4K.
Key information
122.5%
Debt to equity ratio
د.م184.69m
Debt
| Interest coverage ratio | 1.8x |
| Cash | د.م567.38k |
| Equity | د.م150.83m |
| Total liabilities | د.م221.96m |
| Total assets | د.م372.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRS's short term assets (MAD232.1M) exceed its short term liabilities (MAD188.0M).
Long Term Liabilities: CRS's short term assets (MAD232.1M) exceed its long term liabilities (MAD33.9M).
Debt to Equity History and Analysis
Debt Level: CRS's net debt to equity ratio (122.1%) is considered high.
Reducing Debt: CRS's debt to equity ratio has increased from 95.1% to 122.5% over the past 5 years.
Debt Coverage: CRS's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: CRS's interest payments on its debt are not well covered by EBIT (1.8x coverage).