Compagnie Minière de Touissit Balance Sheet Health
Financial Health criteria checks 2/6
Compagnie Minière de Touissit has a total shareholder equity of MAD663.2M and total debt of MAD429.7M, which brings its debt-to-equity ratio to 64.8%. Its total assets and total liabilities are MAD1.4B and MAD764.7M respectively. Compagnie Minière de Touissit's EBIT is MAD328.7M making its interest coverage ratio 182.2. It has cash and short-term investments of MAD16.4M.
Key information
64.8%
Debt to equity ratio
د.م429.68m
Debt
Interest coverage ratio | 182.2x |
Cash | د.م16.38m |
Equity | د.م663.23m |
Total liabilities | د.م764.74m |
Total assets | د.م1.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CMT's short term assets (MAD491.1M) exceed its short term liabilities (MAD46.2M).
Long Term Liabilities: CMT's short term assets (MAD491.1M) do not cover its long term liabilities (MAD718.5M).
Debt to Equity History and Analysis
Debt Level: CMT's net debt to equity ratio (62.3%) is considered high.
Reducing Debt: CMT's debt to equity ratio has increased from 34.6% to 64.8% over the past 5 years.
Debt Coverage: CMT's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: CMT's interest payments on its debt are well covered by EBIT (182.2x coverage).