AFMA Balance Sheet Health
Financial Health criteria checks 3/6
AFMA has a total shareholder equity of MAD54.9M and total debt of MAD61.4M, which brings its debt-to-equity ratio to 111.9%. Its total assets and total liabilities are MAD943.4M and MAD888.5M respectively. AFMA's EBIT is MAD105.8M making its interest coverage ratio 15.5. It has cash and short-term investments of MAD19.7M.
Key information
111.9%
Debt to equity ratio
د.م61.42m
Debt
| Interest coverage ratio | 15.5x |
| Cash | د.م19.66m |
| Equity | د.م54.91m |
| Total liabilities | د.م888.49m |
| Total assets | د.م943.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFM's short term assets (MAD770.2M) do not cover its short term liabilities (MAD795.1M).
Long Term Liabilities: AFM's short term assets (MAD770.2M) exceed its long term liabilities (MAD93.4M).
Debt to Equity History and Analysis
Debt Level: AFM's net debt to equity ratio (76%) is considered high.
Reducing Debt: AFM's debt to equity ratio has increased from 76.4% to 111.9% over the past 5 years.
Debt Coverage: AFM's debt is well covered by operating cash flow (132.9%).
Interest Coverage: AFM's interest payments on its debt are well covered by EBIT (15.5x coverage).