Mutandis Balance Sheet Health
Financial Health criteria checks 2/6
Mutandis has a total shareholder equity of MAD1.4B and total debt of MAD1.5B, which brings its debt-to-equity ratio to 105.3%. Its total assets and total liabilities are MAD3.7B and MAD2.3B respectively. Mutandis's EBIT is MAD216.8M making its interest coverage ratio 3.6. It has cash and short-term investments of MAD262.3M.
Key information
105.3%
Debt to equity ratio
د.م1.49b
Debt
Interest coverage ratio | 3.6x |
Cash | د.م262.26m |
Equity | د.م1.41b |
Total liabilities | د.م2.32b |
Total assets | د.م3.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MUT's short term assets (MAD1.3B) do not cover its short term liabilities (MAD1.4B).
Long Term Liabilities: MUT's short term assets (MAD1.3B) exceed its long term liabilities (MAD907.6M).
Debt to Equity History and Analysis
Debt Level: MUT's net debt to equity ratio (86.8%) is considered high.
Reducing Debt: MUT's debt to equity ratio has increased from 52.3% to 105.3% over the past 5 years.
Debt Coverage: MUT's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: MUT's interest payments on its debt are well covered by EBIT (3.6x coverage).