Akdital Balance Sheet Health
Financial Health criteria checks 3/6
Akdital has a total shareholder equity of MAD1.3B and total debt of MAD633.8M, which brings its debt-to-equity ratio to 48.7%. Its total assets and total liabilities are MAD3.4B and MAD2.1B respectively.
Key information
48.7%
Debt to equity ratio
د.م633.79m
Debt
Interest coverage ratio | 11.7x |
Cash | n/a |
Equity | د.م1.30b |
Total liabilities | د.م2.09b |
Total assets | د.م3.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKT's short term assets (MAD866.3M) do not cover its short term liabilities (MAD1.3B).
Long Term Liabilities: AKT's short term assets (MAD866.3M) exceed its long term liabilities (MAD798.3M).
Debt to Equity History and Analysis
Debt Level: AKT's net debt to equity ratio (48.7%) is considered high.
Reducing Debt: Insufficient data to determine if AKT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AKT's debt is well covered by operating cash flow (73.3%).
Interest Coverage: AKT's interest payments on its debt are well covered by EBIT (11.7x coverage).