LafargeHolcim Maroc Balance Sheet Health
Financial Health criteria checks 4/6
LafargeHolcim Maroc has a total shareholder equity of MAD11.4B and total debt of MAD5.1B, which brings its debt-to-equity ratio to 44.6%. Its total assets and total liabilities are MAD20.1B and MAD8.7B respectively. LafargeHolcim Maroc's EBIT is MAD3.0B making its interest coverage ratio 14.3. It has cash and short-term investments of MAD153.7M.
Key information
44.6%
Debt to equity ratio
د.م5.09b
Debt
Interest coverage ratio | 14.3x |
Cash | د.م153.69m |
Equity | د.م11.42b |
Total liabilities | د.م8.72b |
Total assets | د.م20.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LHM's short term assets (MAD2.1B) exceed its short term liabilities (MAD2.1B).
Long Term Liabilities: LHM's short term assets (MAD2.1B) do not cover its long term liabilities (MAD6.6B).
Debt to Equity History and Analysis
Debt Level: LHM's net debt to equity ratio (43.2%) is considered high.
Reducing Debt: LHM's debt to equity ratio has reduced from 71.3% to 44.6% over the past 5 years.
Debt Coverage: LHM's debt is well covered by operating cash flow (48.2%).
Interest Coverage: LHM's interest payments on its debt are well covered by EBIT (14.3x coverage).