Cartier Saada Balance Sheet Health
Financial Health criteria checks 2/6
Cartier Saada has a total shareholder equity of MAD147.0M and total debt of MAD130.5M, which brings its debt-to-equity ratio to 88.7%. Its total assets and total liabilities are MAD313.3M and MAD166.3M respectively. Cartier Saada's EBIT is MAD10.7M making its interest coverage ratio 1.6. It has cash and short-term investments of MAD5.2M.
Key information
88.7%
Debt to equity ratio
د.م130.48m
Debt
Interest coverage ratio | 1.6x |
Cash | د.م5.17m |
Equity | د.م147.02m |
Total liabilities | د.م166.25m |
Total assets | د.م313.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRS's short term assets (MAD173.9M) exceed its short term liabilities (MAD132.7M).
Long Term Liabilities: CRS's short term assets (MAD173.9M) exceed its long term liabilities (MAD33.5M).
Debt to Equity History and Analysis
Debt Level: CRS's net debt to equity ratio (85.2%) is considered high.
Reducing Debt: CRS's debt to equity ratio has increased from 80.1% to 88.7% over the past 5 years.
Debt Coverage: CRS's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: CRS's interest payments on its debt are not well covered by EBIT (1.6x coverage).