Mutandis Balance Sheet Health
Financial Health criteria checks 4/6
Mutandis has a total shareholder equity of MAD1.4B and total debt of MAD1.1B, which brings its debt-to-equity ratio to 78.5%. Its total assets and total liabilities are MAD3.3B and MAD1.8B respectively. Mutandis's EBIT is MAD286.0M making its interest coverage ratio 5.3. It has cash and short-term investments of MAD276.9M.
Key information
78.5%
Debt to equity ratio
د.م1.13b
Debt
| Interest coverage ratio | 5.3x |
| Cash | د.م276.88m |
| Equity | د.م1.44b |
| Total liabilities | د.م1.83b |
| Total assets | د.م3.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MUT's short term assets (MAD1.0B) exceed its short term liabilities (MAD955.3M).
Long Term Liabilities: MUT's short term assets (MAD1.0B) exceed its long term liabilities (MAD870.6M).
Debt to Equity History and Analysis
Debt Level: MUT's net debt to equity ratio (59.2%) is considered high.
Reducing Debt: MUT's debt to equity ratio has increased from 48.3% to 78.5% over the past 5 years.
Debt Coverage: MUT's debt is well covered by operating cash flow (36.9%).
Interest Coverage: MUT's interest payments on its debt are well covered by EBIT (5.3x coverage).